Boatman Jonathon E. 4
Research Summary
AI-generated summary
Ralliant (RAL) SVP Jonathon Boatman Receives Award
What Happened
Jonathon E. Boatman, SVP and Chief Legal Officer of Ralliant Corp (RAL), was credited with a notional award of 2.4 phantom shares (derivative) on 2026-03-23. The award is reported at a per-share value of $42.29 for a total reported value of $101. This was an award/accrual under the company's Executive Deferred Incentive Program (EDIP), not an open-market purchase or sale.
Key Details
- Transaction type: A (Grant/award/acquisition of derivative notional shares)
- Transaction date: 2026-03-23; Filing date (Form 4): 2026-03-25 (Accession: 0002069605-26-000006)
- Amount: 2.4 notional shares @ $42.29 each; total reported value $101
- Shares owned after transaction: Not specified in the provided filing details
- Notable footnotes:
- F1: These are notional dividend accruals on phantom shares in the EDIP Stock Fund; the accrual uses the NYSE closing price on the credit date.
- F2: Notional shares settle into Ralliant common stock on a 1:1 basis.
- F3: Vesting rules: the reporting person immediately vests in 100% of voluntary EDIP Stock Fund contributions; employer contributions vest per the EDIP schedule (including special provisions for death, retirement, or multi-year vesting).
- Timeliness: Filing covers the 3/23 transaction and was filed 3/25; no late-filing flag was reported in the provided details.
Context
This transaction represents a compensation-related accrual (phantom/notional shares) rather than a market purchase or sale. Notional shares under the EDIP convert to actual common stock on a one-for-one basis when settled and are subject to the EDIP's vesting rules, so this award is primarily a form of deferred compensation rather than an immediate trading signal.