Osben Teo 4
Research Summary
AI-generated summary
Ralliant (RAL) CAO Osben Teo Receives Award of 1,050 Notional Shares
What Happened
- Osben Teo, Chief Accounting Officer of Ralliant Corp (RAL), was credited with 1,050.4 notional shares as an award/acquisition under the company's Executive Deferred Incentive Program (EDIP). The award is recorded at $46.36 per share for a total value of approximately $48,697. This transaction is reported as a derivative award (Form 4 code "A") rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-03-06; reported on Form 4 filed 2026-03-10 (timely filing).
- Price used for valuation: $46.36 per share; total reported value ≈ $48,697.
- Shares owned after transaction: Not specified in the filing.
- Notional/derivative treatment: These are unfunded, notional EDIP Stock Fund shares that settle 1:1 into common stock upon payout (see footnotes).
- Vesting: Reporting person immediately vests in 100% of any voluntary contributions to the EDIP Stock Fund; employer contributions vest per the EDIP schedule (see footnotes).
Context
- These notional shares represent deferred compensation credited to an EDIP stock fund and are not an open‑market buy or sell. They will convert to actual common shares on a one‑for‑one basis when settled according to the plan and vesting rules. Such awards reflect compensation practices rather than a direct market signal of insider buying or selling.