RBC Bearings INC·4

May 28, 2:57 PM ET

Feeney John J. 4

Research Summary

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RBC Bearings (RBC) VP John J. Feeney Sells Shares to Cover Taxes

What Happened
John J. Feeney, Vice President and Secretary of RBC Bearings (RBC), had a total of 58 shares withheld by the company to cover tax liabilities related to vesting restricted stock. On 2026-05-23, 32 shares were withheld at $559.95/share (value $17,918). On 2026-05-28, 26 shares were withheld at $577.42/share (value $15,013). These were tax-withholding dispositions (transaction code F), not open-market purchases or voluntary sales.

Key Details

  • Transaction dates & prices:
    • 2026-05-23: 32 shares @ $559.95 each = $17,918 (withheld for taxes)
    • 2026-05-28: 26 shares @ $577.42 each = $15,013 (withheld for taxes)
  • Total shares withheld: 58; total value ≈ $32,931.
  • Footnote F1: Confirms shares were withheld by the company to pay the tax liability from restricted stock vesting.
  • Footnotes F2/F3: Filing also lists restricted stock award schedules (1,660 and 1,580 shares, respectively) with multi-year vesting dates—details provided in the filing.
  • Filing timeliness: Marked as late (transactionTimeliness = 'L') — filing came 5/28/2026 for a 5/23/2026 transaction.

Context
This was a tax-withholding action (company withheld shares to cover taxes) rather than an indicator of bullish or bearish sentiment. For retail investors, withholdings to satisfy taxes are routine after restricted stock vests and are less informative than open-market purchases or large voluntary sales. Transaction code F denotes payment of tax liability via share withholding (cashless disposition).