HARTNETT MICHAEL J 4

What Happened
Michael J. Hartnett, President, CEO and a director of RBC Bearings (RBC), had 4,892 restricted shares withheld by the company to satisfy tax withholding related to vesting. The shares were recorded at $571.96 each for a total value of $2,798,028. This was a tax-withholding disposition (not an open-market sale or new purchase).

Key Details

• Transaction date: 2026-06-01; Filing date (Form 4): 2026-06-05 (filed late relative to the usual two-business-day rule).
• Price used: $571.96 per share. Total value of shares withheld: $2,798,028.
• Transaction type/code: F (shares withheld to pay tax liability on vesting).
• Shares owned after transaction: not specified in the filing; filing footnote notes that holdings include 5,722 restricted shares that vest on 05/23/2027 (see F2).
• Footnote F1: confirms shares were withheld by the company to pay the tax liability related to restricted stock vesting.

Context
Tax-withholding/”sell-to-cover” transactions are routine administrative actions when restricted stock vests; they are not the same as an executive deciding to sell shares on the open market and generally do not signal a change in insider sentiment. The late filing is procedural — investors may note it but it does not change the nature of the transaction.