Nardecchia Christopher 4

What Happened

• Christopher Nardecchia, Senior Vice President and Chief Information Officer of Rockwell Automation (ROK), exercised stock options on 2026-02-26 to acquire 14,465 shares and immediately sold those 14,465 shares in an open-market transaction. The option exercises had aggregate exercise costs of $3,061,891 (breakdown below). The open-market sale generated proceeds of $5,930,806 (weighted average sale price $410.01), resulting in approximately $2.87M in gross proceeds before taxes/fees.
• Exercise detail (all 2026-02-26, code M): 500 shares @ $192.86 ($96,430); 7,000 shares @ $171.46 ($1,200,220); 3,400 shares @ $246.77 ($839,018); 3,565 shares @ $259.81 ($926,223). Sale detail: 14,465 shares sold at a weighted avg $410.01 (range $410.00–$410.13) for $5,930,806.

Key Details

• Transaction date: 2026-02-26; filing date: 2026-02-27 (timely).
• Sale price: weighted average $410.01 (shares sold ranged $410.00–$410.13).
• Shares acquired by exercise: 14,465; shares sold: 14,465 — net change in immediate holdings from these transactions appears to be zero.
• Notable footnotes: F1 — shares exercised and sold pursuant to a pre-established Rule 10b5-1 plan (entered 11/26/2025). F2 — sale price is a weighted average; reporting person can provide per-price breakdown on request. F3 — filing notes additional plan-held stock fund units may be included in reported balances. F4 — referenced options vest in three annual installments (vesting schedule).
• Shares owned after transaction: not specified in the provided excerpt of the filing.

Context

• This pattern—exercising options and immediately selling the resulting shares—is commonly a cashless exercise plus sale to cover exercise cost/taxes or to take liquidity. Because the sale was executed under a 10b5-1 plan, it was pre-arranged and should not be interpreted as a new, unscheduled signal of sentiment.
• For retail investors: purchases are generally considered more informative than routine option exercises followed by sales. This filing documents a scheduled exercise/sale that generated material proceeds for the insider but did not clearly increase insider share ownership.