CROWELL RICHARD R 4

What Happened

• Richard R. Crowell, a director of RBC Bearings Inc. (RBC), transferred (gifted) 4,700 shares on 2025-11-04 at a closing price of $427.24, a disposition valued at $2,008,028 (see F1). The Form 4 also reports two grants on 2026-05-19: 344 shares granted as restricted stock (acquired, $0) and 647 derivative awards (acquired, $0).

Key Details

• Transaction dates & amounts:
  • 2025-11-04: Gift of 4,700 shares at $427.24 = $2,008,028 (F1).
  • 2026-05-19: Grant of 344 shares (restricted stock) @ $0; Grant of 647 derivative securities @ $0.
• Shares owned after the transactions: not specified in the information provided.
• Notable footnotes:
  • F1: Price shown is RBC's closing price on the date of the gift.
  • F2: The filing references 1,728 restricted shares with multi-year vesting, and specifically notes 344-share vesting tranches that align with the 5/19/2026 grant.
  • F3–F8: Describe vesting schedules and exerciseability for option/derivative awards (multi-year vesting and certain tranches not immediately vested/exercisable).
• Filing timeliness: The reported gift occurred 2025-11-04 but the Form 4 was filed 2026-05-21 — this filing is late relative to the usual two-business-day Form 4 deadline.

Context

• Gifts are dispositions and do not necessarily reflect the insider’s view of the company’s prospects. The later 344-share award is restricted stock with multi-year vesting (not immediately liquid), and the 647 derivative awards are subject to vesting/option-style terms per the footnotes. These grants are compensation/award events rather than open-market purchases; they don’t signal the same level of insider “buying” conviction that a purchased stake would.