Kazmi Amir A. 4
Research Summary
AI-generated summary
Ralliant (RAL) CTO Amir Kazmi Receives 1,210 Notional Shares
What Happened
- Amir A. Kazmi, Senior Vice President & Chief Technology Officer of Ralliant Corp (RAL), received an award of 1,210.1 notional shares under the company's Executive Deferred Incentive Program (EDIP). The award is reported as a derivative acquisition (Transaction code A) at a price of $46.36 per share, with a total reported value of $56,100.
- This was a grant of deferred compensation (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (filed within SEC two-business-day requirement).
- Shares/units acquired: 1,210.1 notional shares; Price used: $46.36; Reported value: $56,100.
- Shares owned after transaction: Not reported in the Form 4.
- Footnotes of note:
- F1: EDIP contributions are recorded as unfunded, notional shares based on the prior NYSE closing price.
- F2: Notional shares settle one-to-one into common stock.
- F3: Reporting person immediately vests in 100% of voluntary contributions; employer contributions vest per EDIP schedule (see filing for full vesting conditions).
Context
- These notional shares represent deferred compensation credited to an internal EDIP stock fund and are expected to convert into actual RAL shares on a one-for-one basis per the plan terms — this is a compensation award rather than an outright market purchase or sale. Such grants are routine for executive pay and do not by themselves indicate a personal stock purchase or sale decision.