RBC Bearings INC·4

May 20, 6:51 PM ET

BERGERON DANIEL A 4

Research Summary

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RBC Bearings COO Daniel Bergeron Receives Award and Sells Shares

What Happened
Daniel A. Bergeron, Vice President, Chief Operating Officer and a director of RBC Bearings (RBC), received an award/acquisition of 5,819 shares on 2026-05-19 (reported on Form 4). On the same date 921 shares were surrendered/withheld to cover tax liability at an implied value of $565.22 per share, totaling roughly $520,568. The award entry is coded A (grant/award) and the withholding is coded F (payment of tax liability).

Key Details

  • Transaction date: 2026-05-19 (Form 4 filed 2026-05-20 — timely).
  • Award: 5,819 shares acquired at $0.00 (code A).
  • Tax withholding: 921 shares disposed at $565.22 per share, proceeds/value = $520,568 (code F). These shares were withheld by the company to pay the tax liability.
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • Relevant footnotes:
    • F1: Ownership includes 16,535 restricted shares with a multi-year vesting schedule (detailed vesting dates in filing).
    • F2: Confirms shares were withheld to pay tax liability related to immediate vesting of performance awards.
    • F3: Notes outstanding options are exercisable except for 7,000 that vest 6/3/2026.

Context
The 921-share disposal was a company withholding to cover taxes on vested/performance awards, not an open-market sale; such withholdings are routine and do not necessarily reflect the insider’s view of the company. The award appears tied to restricted/performance stock with future vesting dates listed in the filing. No option exercise-for-cashless-sale is reported here.