Bick Karen M. 4
Research Summary
AI-generated summary
Ralliant (RAL) SVP Karen Bick Receives 5.8-Share Award
What Happened
Karen M. Bick, SVP and Chief People Officer of Ralliant Corp (RAL), was credited with 5.8 notional/phantom shares under the company’s Executive Deferred Incentive Program (EDIP) on 2026-03-23. The filing shows a unit price of $42.29, producing a reported value of approximately $245. This transaction is an award/accrual of derivative (phantom) shares—not an open-market purchase.
Key Details
- Transaction date: 2026-03-23; Form 4 filed 2026-03-25 (timely).
- Amount: 5.8 notional/phantom shares credited at $42.29 each; total reported value ≈ $245.
- Security type: Derivative (notional dividend accruals on phantom shares in the EDIP Stock Fund).
- Settlement: Notional shares settle 1:1 in Ralliant common stock when paid out (per filing).
- Vesting: Reporting person immediately vests in 100% of voluntary contributions; employer contributions follow the EDIP vesting schedule described in the footnotes.
- Shares owned after transaction: Not specified in the provided transaction details.
Context
This was an award/accrual of phantom stock tied to the EDIP (a deferred compensation/stock fund), which will convert to actual shares on settlement rather than reflecting an immediate cash purchase or sale. Such accruals are routine compensation/benefit entries and should be interpreted as compensation-related, not necessarily a personal buy/sell signal.