Newcombe Tamara S. 4
Research Summary
AI-generated summary
Ralliant (RAL) CEO Tamara Newcombe Receives Award of 2,912 Shares
What Happened
- Tamara S. Newcombe, President, CEO and a director of Ralliant Corp (RAL), was credited with a grant/award of 2,912 notional shares (derivative) on March 6, 2026. The award is recorded at $46.36 per share for a total value of $135,000.
- This was an award under Ralliant’s Executive Deferred Incentive Program (EDIP), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-06; filing date (Form 4): 2026-03-10 (timely filed).
- Price/value: 2,912 notional shares @ $46.36 = $135,000.
- Instrument: Derivative/notional shares credited to the EDIP Stock Fund that settle 1-for-1 into common stock (per footnote).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes of note:
- F1: EDIP contributions are deemed invested as notional shares based on the NYSE closing price preceding crediting.
- F2: Notional shares settle into common stock on a one-to-one basis.
- F3: Vesting rules — voluntary contributions vest immediately; employer contributions vest per the EDIP schedule (100% on death or certain retirements, or a pro rata schedule after participation), and vested amounts settle in common stock upon termination.
Context
- This is a compensation-related award (deferred compensation credited as notional shares), which is different from a market buy or sale and does not by itself indicate a trading decision. The notional shares will convert to actual shares under the EDIP’s settlement and vesting terms.