Boyan Barry C. 4
Research Summary
AI-generated summary
RBC Bearings (RBC) Director Boyan Barry C. Receives Stock Awards
What Happened
- Boyan Barry C., a director of RBC Bearings Inc. (RBC), received stock awards on 2026-05-19: 344 shares of restricted stock (acquired at $0.00) and a 647-share derivative award (acquired at $0.00). Both grants show a $0 acquisition price, so the reported cash value at grant is $0.
Key Details
- Transaction date: 2026-05-19; Form 4 filed 2026-05-20 (timely).
- Grants: 344 restricted shares (direct award) and 647 shares reported as a derivative award (total = 991 shares).
- Price: $0.00 per share (award/grant, not an open-market purchase).
- Shares owned after transaction: not specified in the provided data.
- Relevant footnotes:
- F1: Describes restricted stock vesting schedules (the filing notes multiple blocks totaling 2,144 restricted shares overall, including the 344-share block that vests 1/3 on 5/19/2027, 1/3 on 5/19/2028 and 1/3 on 5/19/2029).
- F2: Indicates the derivative award consists of options to purchase common stock that vest 1/5 annually on 5/19/2027–5/19/2031.
- Other footnotes (F3–F7) in the filing describe vesting schedules for other option grants the insider holds.
- Filing timeliness: filed the next day (timely; not late).
Context
- These were grants/awards (code A) — not open-market purchases or sales. The restricted shares and options are compensation-related and vest over future dates, so they do not represent immediate purchases or sales of stock.
- The 647-share derivative award appears to be stock options with staged vesting (per F2); they are not immediately convertible to saleable shares until vested and, if applicable, exercised.