Scarpelli Alexander P 4
Research Summary
AI-generated summary
Regal Rexnord (RRX) SVP Alexander Scarpelli Sells 31 Shares
What Happened Alexander P. Scarpelli, Senior Vice President, Corporate Controller and Chief Accounting Officer of Regal Rexnord (RRX), had 31 shares disposed (withheld) to satisfy a tax liability tied to a stock award/derivative. The withholding price was $202.09 per share, for a total value of approximately $6,265. This is a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-06-01; Filing date: 2026-06-03 (filed two days after the transaction).
- Disposition: 31 shares at $202.09 each, total ≈ $6,265.
- Shares owned after the transaction: not specified in the filing.
- Footnote: The related Stock Appreciation Rights vest 34% on the first anniversary, 67% on the second, and 100% on the third anniversary of the grant (F1).
- No late filing flag noted in the report.
Context This transaction represents shares withheld to cover tax obligations from a derivative or award rather than a discretionary sale. Such tax-withholding dispositions are routine administrative actions and do not necessarily indicate the insider’s view on company stock.