Kaplan Steven H. 4

What Happened

• Steven H. Kaplan, a director of RBC Bearings Inc. (RBC), was granted awards on May 19, 2026 totaling 991 shares: 344 shares acquired at $0.00 per share and 647 derivative shares acquired at $0.00 per share. The filing shows no cash paid for these awards (price $0.00).

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (reported within the standard two-business-day window).
• Grants: 344 shares (direct award) and 647 derivative shares (awarded as a derivative/compensatory instrument).
• Shares owned after the transaction: Not specified in the Form 4 provided.
• Notable footnotes:
  • F1: Describes 1,728 shares of restricted stock with detailed vesting tranches, including a 344-share tranche that vests 1/3 on 5/19/2027, 1/3 on 5/19/2028 and 1/3 on 5/19/2029.
  • F2–F7: Describe multiple option vesting schedules for other awards/holdings (various multi-year vesting tranches).
• No indication in the filing that this was a sale, 10b5-1 plan trade, tax withholding, or late filing.

Context

• The 647 “derivative” shares likely represent compensatory awards (e.g., restricted stock units or similar) that are subject to vesting and are not immediately freely tradable; F1 confirms a multi-year vesting schedule for restricted stock tranches.
• These are awards/compensation rather than open-market purchases or insider sales. Such grants are common for directors and reflect compensation arrangements rather than a direct buy or sell signal.