Reynolds Neill 4
Research Summary
AI-generated summary
Ralliant (RAL) CFO Reynolds Neill Receives Award of 1.7 Shares
What Happened
Reynolds Neill, Chief Financial Officer of Ralliant Corp (RAL), was credited 1.7 notional/phantom shares on 2026-06-23 as an award (Report code A). The entry price used was $69.22 per share, valuing the accrual at approximately $118. This was a derivative award (not an open-market buy or sale) credited under the company’s Executive Deferred Incentive Program (EDIP).
Key Details
- Transaction date: 2026-06-23; filing date: 2026-06-24 (timely filing).
- Shares credited: 1.7 phantom/notional shares at $69.22 each; total value ≈ $118.
- Transaction type: Award/acquisition of a derivative notional share (EDIP stock fund).
- Settlement: Notional shares are recorded as dividend accruals on phantom shares and settle 1:1 into Ralliant common stock (per footnotes).
- Vesting: Reporting person immediately vests in 100% of voluntary contributions; issuer contributions vest per the EDIP schedule (see footnotes).
- Shares owned after transaction: Not specified in this filing.
Context
This transaction reflects a compensation-related credit (not a market purchase or sale). The award represents notional dividend accruals in the EDIP Stock Fund that can convert into actual Ralliant shares on a one-to-one basis when settled. Such derivative/award credits are routine components of executive compensation and do not, by themselves, indicate a buy or sell signal.