Buttermore Robert L. 4

What Happened Robert L. Buttermore, SVP and Chief Supply Chain Officer of Rockwell Automation (ROK), had 568 restricted stock units convert to 568 shares on 2026-02-13 (reported as an exercise/conversion). To cover taxes related to those vested RSUs, 204 shares were sold in an open-market transaction on 2026-02-17 for a weighted average price of $380.14, producing proceeds of $77,548. The filing also shows a derivative disposition related to the 568-share conversion (reported at $0), consistent with vesting/settlement mechanics and tax withholding.

Key Details

• Transaction dates: RSUs converted 2026-02-13; open-market sale executed 2026-02-17.
• Sold: 204 shares at a weighted average price of $380.14; proceeds ≈ $77,548. Reported sale price range: $379.86–$380.485; reporting person can provide per-price breakdown on request (footnote F2).
• Conversion: 568 restricted stock units converted to 568 shares on 2/13 (exercise/conversion code M); filing shows a related derivative disposition (reported at $0).
• Plan/intent: Sale executed pursuant to a pre-established Rule 10b5-1 plan entered 11/27/2024 to cover taxes on RSUs that vested 2/13/2026 (footnote F1).
• RSU details: Each RSU converts to one share; RSUs vest in three substantially equal annual installments beginning on the date exercisable (footnotes F4, F5).
• Shares owned after transaction: Not specified in the provided filing details.
• Timeliness: Reported period 2026-02-13; Form filed 2026-02-17 — filing appears timely.

Context This was primarily a routine transaction to cover tax obligations after restricted stock units vested, executed under a 10b5-1 plan. The sequence—RSU conversion followed by sale of some shares—is common for tax withholding and does not by itself signal a change in insider sentiment. Transaction codes: M = exercise/conversion of derivative (RSU vesting), S = sale.