Edwards Richard J 4

What Happened

• Richard J. Edwards, Vice President and General Manager of RBC Bearings, had a total of 99 shares withheld by the company to satisfy tax liabilities from the vesting of restricted stock. On 2026-05-23, 46 shares were withheld at $559.95 per share ($25,758). On 2026-05-28, 53 shares were withheld at $577.42 per share ($30,603). These are tax-withholding dispositions (routine), not open-market sales.

Key Details

• Transaction dates and prices:
  • 2026-05-23: 46 shares withheld at $559.95 — $25,758.
  • 2026-05-28: 53 shares withheld at $577.42 — $30,603.
  • Combined: 99 shares, ~$56,361 total.
• Transaction code: F — shares withheld to pay tax liability on vesting of restricted stock (cashless withholding).
• Footnotes:
  • F1: confirms shares were withheld to pay taxes on vesting.
  • Other footnotes show Edwards still holds several thousand restricted shares and options subject to multi-year vesting schedules (e.g., roughly 2,700–2,782 restricted shares across schedules and various unvested option tranches with staggered vesting through 2031).
• Shares owned after transaction: not explicitly stated in the provided data; see the filed Form 4 for exact post-transaction beneficial ownership.
• Filing timing: Form filed 2026-05-28 reporting a 5/23 and 5/28 transaction. The provided data does not indicate whether the filing was flagged as late; check the EDGAR filing for timeliness status.

Context

• These withholdings are a common, administrative action when restricted stock vests and the company withholds shares to cover tax withholding — generally not considered an active bearish insider sale. No options exercise for immediate sale was reported here; the action reflects tax withholding on vesting.