Osben Teo 4

What Happened

• Osben Teo, Chief Accounting Officer of Ralliant Corp (RAL), was credited with 6.4 notional/phantom shares valued at $42.29 each (total ≈ $271) on 2026-03-23. The transaction is reported as an award/grant (code A) and is recorded as a derivative instrument.

Key Details

• Transaction date: 2026-03-23; filing date: 2026-03-25 (filed within the Form 4 two-business-day window).
• Price used: $42.29 per share; total reported value ≈ $271.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: These are notional dividend accruals on phantom shares in the EDIP Stock Fund (credited based on the NYSE closing price when credited).
  • F2: Notional shares settle one-for-one into Ralliant common stock when paid.
  • F3: Vesting: the reporting person immediately vests in 100% of voluntary contributions; employer contributions vest per the EDIP schedule (full vesting on death, or retirement after 5+ years at age 55, or pro rata after five years of participation).
• Transaction type: derivative award (not an open-market purchase or sale).

Context

• This was an award of phantom/notional shares (a deferred compensation credit) rather than an outright cash purchase or sale. Such grants typically reflect compensation or deferred pay and do not necessarily signal the insider buying or selling stock for investment reasons. The notional shares are convertible into actual shares on settlement per the EDIP terms. The reported dollar amount is small (≈$271).