Osben Teo 4
Research Summary
AI-generated summary
Ralliant (RAL) CAO Osben Teo Exercises Options, Sells Shares
What Happened
Osben Teo, Chief Accounting Officer of Ralliant Corp (RAL), exercised three option tranches totaling 27,058 shares on 2026-05-28 and sold those 27,058 shares in the open market the same day. The exercises show acquisitions of 10,341 shares @ $43.33 ($448,076), 9,985 shares @ $44.58 ($445,131), and 6,732 shares @ $56.74 ($381,974) — total exercise cost ≈ $1,275,181. The subsequent open-market sale was 27,058 shares at a weighted average price of $62.44 for gross proceeds of $1,689,502, implying roughly $414,321 in proceeds after exercise costs (before taxes/fees). The filing also reports corresponding derivative disposals at $0, reflecting conversion/cancellation of the exercised options.
Key Details
- Transaction date: 2026-05-28; Form 4 filed 2026-06-01 (timely filing).
- Exercise details: 10,341 @ $43.33; 9,985 @ $44.58; 6,732 @ $56.74 — total cost ≈ $1,275,181.
- Sale details: 27,058 shares sold at weighted avg $62.44 for proceeds $1,689,502; individual sale prices ranged $62.34–$62.56 (footnote).
- Shares owned after the transaction: not specified in the provided summary.
- Footnotes: vesting schedules noted — one option vested beginning Feb 28, 2023; another beginning Feb 27, 2024; another beginning Mar 4, 2025. Reporting person offers to provide per-price breakdown on request (F1–F4).
Context
This was an option exercise followed by an immediate sale (commonly a cashless or same-day sale), converting vested options into shares and selling them for liquidity. Such routine option-exercise sales are common for insiders to realize gains and do not by themselves indicate a change in company outlook. The insider is an executive (CAO), not a 10% owner.