Ennico Dolores J 4
4 · RBC Bearings INC · Filed Jun 25, 2026
Research Summary
AI-generated summary of this filing
RBC Bearings Director Dolores Ennico Exercises Options, Sells Shares
What Happened
Dolores J. Ennico, a director of RBC Bearings (RBC), exercised stock options to acquire 600 shares (200 at $127.33 and 400 at $199.16) on 2026-06-24 (total exercise cost $105,130). The filing shows an open-market sale of 600 shares that same day at $636.11 each for total proceeds of about $381,669. The Form 4 also reports derivative-related dispositions of 200 and 400 shares at $0.00 (see details below). This sequence indicates an exercise followed by an immediate sale (cashless-style transaction), rather than an outright purchase intended to increase long-term ownership.
Key Details
- Transaction date: 2026-06-24; filing date: 2026-06-25 (timely).
- Exercises (Acquired): 200 shares @ $127.33 = $25,466; 400 shares @ $199.16 = $79,664 (total cost $105,130).
- Sale (Disposed): 600 shares @ $636.11 = $381,669 (gross proceeds reported).
- Additional derivative dispositions: 200 shares @ $0.00 and 400 shares @ $0.00 (reported as "Disposed" in the filing).
- Net change in beneficial ownership from these transactions: effectively zero (600 shares acquired then 600 shares sold).
- Post-transaction holdings (from footnotes): 925 restricted shares with staggered vesting; multiple outstanding option tranches that remain subject to vesting (notable unvested amounts: 200; 400; 584; 770; plus options vesting 1/5 over five years — see footnotes F1–F6 in the filing for exact schedules).
Context
- This looks like an options exercise followed by an immediate sale of the resulting shares (often done to cover exercise cost, taxes, or to take gains). The $0.00 disposals reported typically reflect surrendered shares or net settlement related to exercise/tax withholding; the Form 4 lists both the exercised shares acquired and related derivative disposals.
- Such same-day exercises-and-sales are common and do not necessarily signal a change in the insider’s long-term view of the company. The filing is timely (filed the next day).
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-06-24$127.33/sh+200$25,466→ 7,454 total - Exercise/Conversion
Common Stock
[F1]2026-06-24$199.16/sh+400$79,664→ 7,854 total - Sale
Common Stock
[F1]2026-06-24$636.11/sh−600$381,669→ 7,254 total - Exercise/Conversion
Option to Purchase Common Stock
2026-06-24−200→ 0 totalExercise: $127.33From: 2025-09-09Exp: 2027-09-09→ Common Stock (200 underlying) - Exercise/Conversion
Option to Purchase Common Stock
2026-06-24−400→ 0 totalExercise: $199.16From: 2022-06-03Exp: 2028-06-03→ Common Stock (400 underlying)
- 600
Option to Purchase Common Stock
[F2]Exercise: $199.09From: 2023-06-06Exp: 2029-06-06→ Common Stock (600 underlying) - 800
Option to Purchase Common Stock
[F3]Exercise: $206.19From: 2024-06-05Exp: 2030-06-05→ Common Stock (800 underlying) - 974
Option to Purchase Common Stock
[F4]Exercise: $287.37From: 2025-05-29Exp: 2031-05-29→ Common Stock (974 underlying) - 962
Option to Purchase Common Stock
[F5]Exercise: $365.87From: 2026-05-30Exp: 2032-05-30→ Common Stock (962 underlying) - 647
Option to Purchase Common Stock
[F6]Exercise: $565.22From: 2027-05-19Exp: 2033-05-19→ Common Stock (647 underlying)
Footnotes (6)
- [F1]Consists of 925 shares of restricted stock, which vest according to the following schedule; 226 shares that vest on 5/29/2027; 355 shares 1/2 of which vest on 5/30/2027 and 1/2 vest on 5/30/2028; and 344 shares 1/3 of which vest on 5/19/2027, 1/3 vest on 5/19/2028 and 1/3 vest on 5/19/2029.
- [F2]All these options to purchase Common Stock are exerciseable except for 200 options that vest on 6/5/2027.
- [F3]All these options to purchase Common Stock are exerciseable except for 400 options that are subject to the following vesting schedule - 1/2 vest on 6/6/2027 and 1/2 vest on 6/5/2028.
- [F4]All these options to purchase Common Stock are exerciseable except for 584 that are subject to the following vesting schedule - 1/3 vest on 5/29/2027, 1/3 vest on 5/29/2028 and 1/3 vest on 5/29/2029.
- [F5]All these options to purchase Common Stock are exerciseable except for 770 options that are subject to the following vesting schedule - 1/4 vest on 5/30/2027, 1/4 vest on 5/30/2028, 1/4 vest on 5/30/2029 and 1/4 vest on 5/30/2030.
- [F6]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.