Nardecchia Christopher 4
4 · ROCKWELL AUTOMATION, INC · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
ROK CIO Christopher Nardecchia Exercises Options, Sells 2,538 Shares
What Happened Christopher Nardecchia, SVP and Chief Information Officer of Rockwell Automation (ROK), exercised 2,538 stock options at a strike of $350.76 (total cost $890,229) on 2026-05-05 and sold all 2,538 resulting shares the same day. The open-market sales generated total gross proceeds of approximately $1,133,049 (sales executed across prices roughly $440.00–$450.04). The transactions were executed pursuant to a Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-05-05; Form 4 filed 2026-05-06 (filed promptly).
- Exercise: 2,538 shares at $350.76 = $890,229 (code M).
- Sales: three open-market lots totaling 2,538 shares for ~$1,133,049 (codes S); weighted average prices reported: $440.82 (range $440.00–$440.97), $447.37 (range $447.3650–$447.5050), and $450.04.
- Net proceeds before taxes/fees: ~ $242,820 (proceeds − exercise cost).
- Footnotes: sales executed under a 10b5-1 plan entered 11/26/2025 (F1). Weighted-average pricing details provided with ranges and offered upon request (F2, F3). Filing notes stock-plan unit accounting details and standard vesting schedule for the options (F4, F5).
- Shares owned after the transactions are not specified in the provided excerpt of the filing.
Context This was a cash exercise followed by immediate sale (cashless-like outcome) under a pre-established 10b5-1 plan, which is a common mechanism for insiders to sell shares on a set schedule. Such sales are routine disclosures and do not by themselves indicate management’s private view of the company’s prospects.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-05-05$350.76/sh+2,538$890,229→ 16,770 total - Sale
Common Stock
[F1][F2]2026-05-05$440.82/sh−586$258,321→ 16,184 total - Sale
Common Stock
[F1][F3]2026-05-05$447.37/sh−1,402$627,209→ 14,782 total - Sale
Common Stock
[F1]2026-05-05$450.04/sh−550$247,519→ 14,232 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
[F5]2026-05-05−2,538→ 200 totalExercise: $350.76From: 2022-12-07Exp: 2031-12-07→ Common Stock (2,538 underlying)
- 5.606(indirect: By Savings Plan)
Common Stock
[F4]
Footnotes (5)
- [F1]Shares exercised and sold pursuant to Rule 10b5-1 trading plan entered into on 11/26/2025.
- [F2]Price reported in column 4 is a weighted average price. Shares sold at prices ranging from $440.00 to $440.97. The reporting person undertakes to provide to the Company, any shareowners of the Company and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price.
- [F3]Price reported in column 4 is a weighted average price. Shares sold at prices ranging from $447.3650 to $447.5050. The reporting person undertakes to provide to the Company, any shareowners of the Company and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price.
- [F4]Includes shares represented by Company stock fund units acquired under the Company Savings Plan since the date last reported for this person based on information furnished by the Plan Administrator as of 3/31/2026. The number of stock fund units represented by the balance of the participant's Company stock fund account may not exactly equal the number of stock fund units represented by a prior balance due to variance in the proportion of uninvested cash held in the reference fund used to determine unit values of the Company stock fund under the Plan.
- [F5]The options vest in three substantially equal annual installments beginning on the date exercisable.