HARTNETT MICHAEL J 4

What Happened

• Michael J. Hartnett, President, CEO and a director of RBC Bearings (RBC), was granted 22,140 shares on 2026-05-19 (reported 2026-05-20). On the same date 10,260 shares were withheld/disposed to satisfy a tax liability at $565.22 per share, totaling $5,799,157. The grant is coded as an award/acquisition (A) and the withholding is coded as tax withholding/settlement (F).

Key Details

• Transaction date: 2026-05-19; Form filed: 2026-05-20 (timely).
• Grant: 22,140 shares acquired at $0 (award/restricted stock/performance award).
• Withholding/disposition: 10,260 shares at $565.22 per share, total $5,799,157, to pay taxes (sell-to-cover/withholding).
• Shares owned after the reported transactions are not specified in the filing.
• Relevant footnotes:
  • F1: Includes 22,000 restricted shares with vesting schedule (10,555 vest 6/1/2026; 11,445 vest in two equal parts on 5/23/2026 and 5/23/2027).
  • F2: Withheld shares were used to pay tax liability related to immediate vesting of performance awards.
  • F3: Separately noted options to purchase common stock vest on 6/3/2026.
• Filing appears timely (filed one day after the transaction).

Context

• This was largely an award grant with routine tax-withholding rather than an open-market sale; withholding of shares to cover taxes (often called sell-to-cover) is common after vesting. Awards signal compensation realization, not necessarily a directional view on the stock.