4Accepted Jul 16, 5:19 PM ET
Regal Rexnord (RRX) Director Rakesh Sachdev Receives RSU Award
Accepted (ET)
5:19 PM
Jul 16, 2026
Filed
Jul 16, 2026
Documents
1
Size
5.4 KB
Summary
Regal Rexnord (RRX) Director Rakesh Sachdev Receives RSU Award
What Happened
- Rakesh Sachdev, a director of Regal Rexnord Corp (RRX), was credited with 1.53 restricted stock units (RSUs) on 2026-07-14 as an acquisition (award). The RSUs were valued at $211.20 each, for a total value of approximately $323. This was an award/credit tied to dividend reinvestment, not an open-market purchase.
Key Details
- Transaction date and price: 2026-07-14; 1.53 shares at $211.20 per share (total ≈ $323).
- Transaction code: A (award/acquisition).
- Shares owned after transaction: Not specified in the provided filing details.
- Filing date: 2026-07-16 — appears to be filed timely (within typical Form 4 reporting window).
- Footnote: The additional RSUs result from the dividend-equivalent reinvestment provision and are subject to the same terms and vesting schedule as the original RSU awards.
Context
- This credit came from a dividend-equivalent reinvestment (automatic issuance of additional RSUs tied to a quarterly dividend), which is a routine administrative issuance rather than a discretionary buy/sell decision. Such dividend-related RSU credits generally do not, by themselves, indicate a change in insider sentiment.