Newcombe Tamara S. 4
Research Summary
AI-generated summary
Ralliant (RAL) CEO Tamara Newcombe Receives 10.6-Share Award
What Happened
- Tamara S. Newcombe, President & CEO and Director of Ralliant Corp (RAL), was credited with 10.6 notional/phantom shares under the company's Executive Deferred Incentive Program (EDIP) on 2026-06-23. The reported per-share value was $69.22, for a total notional value of about $734.
- This was recorded as an award/acquisition (code A) of derivative securities (not actual common stock issued at the time).
Key Details
- Transaction date: 2026-06-23; filing date: 2026-06-24 (timely).
- Amount: 10.6 notional shares at $69.22 per share; total ≈ $734.
- Nature: Derivative award — notional dividend accruals on phantom shares in the EDIP Stock Fund (see footnotes).
- Settlement: Notional shares settle 1:1 into Ralliant common stock when distributed (per footnote).
- Vesting: Reporting person immediately vests in 100% of voluntary contributions; employer contributions follow the EDIP vesting schedule (see footnote). The filing does not disclose total shares owned after this transaction.
- No indication this was an open-market purchase or sale; it is compensation-related.
Context
- These are phantom/notional share accruals tied to the EDIP; they reflect compensation mechanics (dividend accruals) rather than a direct insider buy/sell in the market. Such awards are routine for executive compensation and do not by themselves signal a personal market bet.