ROCKWELL AUTOMATION, INC·4

Apr 13, 4:09 PM ET

Perducat Cyril 4

Research Summary

AI-generated summary

Updated

Rockwell Automation CTO Cyril Perducat Sells 198 Shares

What Happened

  • Cyril Perducat, SVP & Chief Technology Officer of Rockwell Automation (ROK), had 581 restricted stock units (RSUs) convert/exercise into 581 shares on 2026-04-09 (reported as derivative exercise/conversion). He then sold 198 of those shares in an open-market sale on 2026-04-10 at a weighted average price of $395.00, generating proceeds of $78,209. The sale was made pursuant to a pre-existing Rule 10b5-1 plan to cover taxes due on the RSU vesting.

Key Details

  • Transaction dates: 2026-04-09 (exercise/conversion of 581 RSUs into shares), 2026-04-10 (sale of 198 shares).
  • Sale price: weighted average $395.00 (range $394.9950–$395.00); total proceeds ~$78,209.
  • Shares owned after transaction: not specified in the provided filing.
  • Footnotes: F1 — sale pursuant to a 10b5-1 plan entered 11/26/2025 to cover taxes on RSUs vesting 4/9/2026. F2 — weighted average price; full per-price breakdown available on request. F3/F4 — each RSU converts to one share; RSUs vest in three substantially equal annual installments beginning on the date exercisable.
  • Timeliness: Form filed 2026-04-13 for transactions on 4/9–4/10; filing appears timely (filed within the required two business days).

Context

  • This was not a market-timed purchase signal: the primary action was conversion of RSUs to shares and a subsequent sale to cover tax obligations (routine compensation-related activity). The derivative line (code M) reflects conversion/exercise of RSUs into common shares; the sale (code S) was an open-market disposition under a 10b5-1 plan. Purchases typically carry more weight as bullish signals; routine tax-related sales like this are common after vesting events.