ROPER TECHNOLOGIES INC·4

Mar 12, 4:27 PM ET

Cross Brandon L 4

Research Summary

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Roper (ROP) VP Brandon Cross Receives Stock Award, Sells 110 Shares

What Happened
Brandon L. Cross, Vice President and Corporate Controller of Roper Technologies (ROP), was granted multiple equity awards and had 110 shares withheld to cover tax obligations. On 2026-03-10 the filing reports: 230 shares, 972 shares, and 3,626 shares (the latter recorded as a derivative — performance stock units) were acquired as awards; separately 110 shares were disposed/withheld at $353.87 per share for a value of $38,926. The awards were recorded at $0 in the transaction because they were grants, not purchases.

Key Details

  • Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (appears timely).
  • Disposed/withheld: 110 shares at $353.87 each = $38,926 (transaction code F: payment of exercise price or tax liability).
  • Awards granted: 230 shares (A), 972 shares (A), and 3,626 shares (A, derivative — performance stock units). Reported acquisition price $0 for awards.
  • Footnote: The PSU award relates to a March 12, 2024 award where the Compensation Committee later determined performance criteria were achieved, triggering this filing.
  • Footnote: Options (if applicable) vest 50% on 3/10/28 and 50% on 3/10/29.
  • Shares owned after the transactions were not disclosed in the summary provided.

Context

  • The 110-share disposal was used to satisfy tax withholding (common with equity vesting), not an open-market sale signaling a directional bet.
  • The 3,626-share derivative award appears to be performance stock units that vested once performance criteria were met; such awards are recorded differently than purchases or open-market sales.
  • No evidence in this filing of a 10% owner or a 10b5-1 plan.