Edwards Richard J 4
4 · RBC Bearings INC · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
RBC Bearings (RBC) VP Richard Edwards Withholds Shares for Taxes
What Happened
Richard J. Edwards, Vice President and General Manager of RBC Bearings (RBC), had company shares withheld to satisfy tax liabilities tied to the vesting of restricted stock (Form 4 transaction code F). Two withholding events occurred: 91 shares on 2026-06-01 at $571.96 each ($52,048) and 364 shares on 2026-06-03 at $578.34 each ($210,516), for a combined 455 shares and roughly $262,564 in value. This is a tax-withholding disposal (not an open-market sale) and is generally routine.
Key Details
- Transaction dates/prices/values:
- 6/01/2026: 91 shares withheld @ $571.96 = $52,048 (F)
- 6/03/2026: 364 shares withheld @ $578.34 = $210,516 (F)
- Total shares withheld: 455; total value ≈ $262,564.
- Shares owned after transaction: not specified in the provided report.
- Notable footnotes:
- F1: Withheld shares were used to pay tax liability on vesting RSUs.
- Filing discloses additional restricted stock grants with multi-year vesting schedules (see F2/F3), e.g., grants vesting 2026–2031.
- Timeliness: Form 4 was filed 2026-06-05 for report period 2026-06-01; filing appears timely (no late filing flag).
Context
- Code F indicates company withholding of shares to cover tax obligations on vested awards (a cashless withholding), not a voluntary market sale — typically considered routine and not a clear signal of insider bearishness.
- The filing also lists remaining unvested RSUs with staggered vesting through 2027–2031, meaning Edwards retains a multi-year equity stake subject to future vesting.
Insider Transaction Report
Form 4
Edwards Richard J
V.P. and General Manager
Transactions
- Tax Payment
Common Stock
[F1][F2]2026-06-01$571.96/sh−91$52,048→ 10,862 total - Tax Payment
Common Stock
[F1][F3]2026-06-03$578.34/sh−364$210,516→ 10,498 total
Holdings
- 1,000
Option to Purchase Common Stock
Exercise: $199.16From: 2025-06-03Exp: 2028-06-03→ Common Stock (1,000 underlying) - 1,600
Option to Purchase Common Stock
[F4]Exercise: $199.10From: 2025-06-03Exp: 2029-06-03→ Common Stock (1,600 underlying) - 1,200
Option to Purchase Common Stock
[F5]Exercise: $199.51From: 2025-06-01Exp: 2030-06-01→ Common Stock (1,200 underlying) - 1,600
Option to Purchase Common Stock
[F6]Exercise: $292.85From: 2025-05-23Exp: 2031-05-23→ Common Stock (1,600 underlying) - 1,800
NQSO 5-28-2025 grant
[F7]Exercise: $364.96From: 2026-05-28Exp: 2032-05-28→ Common Stock (1,800 underlying) - 623
NQSO 5-19-2026 grant
[F8]Exercise: $565.22From: 2027-05-19Exp: 2033-05-19→ Common Stock (623 underlying)
Footnotes (8)
- [F1]Represents shares withheld by the Company to pay tax liability related to the vesting of restricted stock.
- [F2]Includes 2,502 shares of restricted stock, which vest according to the following schedule - 400 shares that vest on 6/3/2026; 800 shares 1/2 of which vest on 6/3/2026 and 1/2 vest on 6/3/2027; 400 shares 1/2 of which vest on 6/1/2027 and 1/2 vest on 6/1/2028; 450 shares 1/3 of which vest on 5/23/2027, 1/3 vest on 5/23/2028 and 1/3 vest on 5/23/2029; 320 shares 1/4 or which vest on 5/28/2027, 1/4 vest on 5/28/2028, 1/4 vest on 5/28/2029 and 1/4 vest on 5/28/2030; and 132 shares 1/5 or which vest on 5/19/2027, 1/5 vest on 5/19/2028, 1/5 vest on 5/19/2029, 1/5 vest on 5/19/2030 and 1/5 vest on 5/19/2031.
- [F3]Includes 1,702 shares of restricted stock, which vest according to the following schedule - 400 shares that vest on 6/3/2027; 400 shares 1/2 of which vest on 6/1/2027 and 1/2 vest on 6/1/2028; 450 shares 1/3 of which vest on 5/23/2027, 1/3 vest on 5/23/2028 and 1/3 vest on 5/23/2029; 320 shares 1/4 or which vest on 5/28/2027, 1/4 vest on 5/28/2028, 1/4 vest on 5/28/2029 and 1/4 vest on 5/28/2030; and 132 shares 1/5 or which vest on 5/19/2027, 1/5 vest on 5/19/2028, 1/5 vest on 5/19/2029, 1/5 vest on 5/19/2030 and 1/5 vest on 5/19/2031.
- [F4]All these options to purchase Common Stock are exerciseable except for 800 options that vest on 6/3/2027.
- [F5]All these options to purchase Common Stock are exerciseable except for 800 options that are subject to the following vesting schedule - 1/2 vest on 6/1/2027 and 1/2 vest on 6/1/2028.
- [F6]All these options to purchase Common Stock are exerciseable except for 1,200 options that are subject to the following vesting schedule - 1/3 vest on 5/23/2027, 1/3 vest on 5/23/2028 and 1/3 vest on 5/23/2029.
- [F7]All these options to purchase Common Stock are exerciseable except for 1,440 that are subject to the following vesting schedule - 1/4 vest on 5/28/2027, 1/4 vest on 5/28/2028, 1/4 vest on 5/28/2029 and 1/4 vest on 5/28/2030.
- [F8]These options to purchase Common Stock are subject to the following vesting schedule - 1/5 vest on 5/19/2027, 1/5 vest on 5/19/2028, 1/5 vest on 5/19/2029, 1/5 vest on 5/19/2030 and 1/5 vest on 5/19/2031.
Signature
/s/John J. Feeney/attorney in fact|2026-06-05