4Filed Jul 15, 8:00 PM ET
Regal Rexnord (RRX) Director Theodore Crandall Receives Award
$RRX · REGAL REXNORD CORPResearch Summary
AI-generated summary of this SEC filing
Regal Rexnord (RRX) Director Theodore Crandall Receives Award
What Happened
Theodore D. Crandall, a director of Regal Rexnord Corp (RRX), was credited with 1.53 restricted stock units (RSUs) on 2026-07-14. The units are recorded at $211.20 per share, for a reported value of approximately $323. The transaction is an award/acquisition (code A) resulting from a dividend-equivalent reinvestment, not an open-market purchase.
Key Details
- Transaction date: 2026-07-14; filing date (Form 4): 2026-07-16 (timely filing).
- Shares/units acquired: 1.53 RSUs at $211.20 per share; total value reported $323.
- Transaction type: A = Award/Grant (dividend-equivalent RSU credit).
- Shares owned after the transaction: not disclosed in the provided excerpt.
- Footnote: The additional RSUs were credited under the dividend-equivalent reinvestment provision and remain subject to the same terms and vesting as the underlying RSU awards.
Context
Dividend-equivalent reinvestment credits are routine: instead of a cash dividend, holders of RSUs may receive additional RSUs calculated by the dividend amount, which are subject to original grant restrictions and vesting schedules. This small award is informational and does not by itself signal a buy/sell judgment by the insider.