Osben Teo 4

What Happened

• Osben Teo, Chief Accounting Officer of Ralliant Corp (RAL), was credited with a notional/derivative award of 3.9 phantom shares on 2026-06-23. The filing lists the per-share value as $69.22, for a total reported value of approximately $270. This transaction is reported as an award/acquisition (derivative), not an open-market purchase.

Key Details

• Transaction date: 2026-06-23; Form 4 filed: 2026-06-24 (appears timely).
• Reported amount: 3.9 notional shares at $69.22 each; total ≈ $270.
• Transaction type: A (Award/Grant) — derivative/phantom share accrual under the Executive Deferred Incentive Program (EDIP).
• Shares owned after transaction: not disclosed in the provided excerpt.
• Footnote highlights:
  • F1: These are notional dividend accruals on phantom shares in the EDIP Stock Fund; number credited is based on NYSE closing price on the credit date.
  • F2: Notional shares settle into actual Ralliant common stock on a one-to-one basis.
  • F3: Voluntary contributions immediately vest; employer contributions vest per the EDIP schedule (various conditions including death, retirement, or graded vesting).

Context

• This was a derivative/award credit (phantom shares) tied to the company’s deferred incentive plan, meaning the accrual may later convert into actual shares rather than representing an open-market buy. Such program-driven accruals are routine compensation events and do not necessarily indicate insider buying or selling intent. The dollar value reported here is small (~$270) and likely immaterial to investment decisions on its own.