Bick Karen M. 4
Research Summary
AI-generated summary
Ralliant (RAL) SVP Karen M. Bick Receives 3.6-Share Award
What Happened
- Karen M. Bick, SVP & Chief People Officer of Ralliant Corp (RAL), was credited with 3.6 notional/phantom shares under the company's Executive Deferred Incentive Program (EDIP) on 2026-06-23. The award is valued at $69.22 per share for a total reported value of $249. This was an award/credit (derivative not an open-market purchase or sale).
Key Details
- Transaction date and price: 2026-06-23; 3.6 notional shares at $69.22 each (total ≈ $249).
- Transaction type: Award/Grant (derivative notional phantom shares; SEC code A).
- Shares owned after transaction: Not reported in the provided data.
- Filing: Report filed 2026-06-24 (next-day filing of a 6/23 transaction — appears timely).
- Footnotes (simplified):
- The reported items are notional dividend accruals on phantom shares in the EDIP Stock Fund (F1).
- Notional shares convert/settle into actual Ralliant common stock on a one-to-one basis (F2).
- Voluntary participant contributions to the EDIP Stock Fund vest immediately; employer contributions vest per EDIP rules (e.g., upon death, retirement after qualifying service, or pro rata after participation) (F3).
Context
- This was a derivative award (not an open-market buy or sale). Notional/phantom-share accruals are compensation plan credits tied to the company share price and generally reflect compensation mechanics rather than a direct signal of insider buying or selling.