Kazmi Amir A. 4
Research Summary
AI-generated summary
Ralliant (RAL) CTO Amir Kazmi Receives Award of 2.4 Phantom Shares
What Happened
Amir A. Kazmi, Senior Vice President and Chief Technology Officer of Ralliant Corp (RAL), was credited with an award of 2.4 notional (phantom) shares on March 23, 2026. The phantom shares were recorded at $42.29 each, for a notional value of approximately $101. This was reported on a Form 4 filed March 25, 2026. This is an award/credit under the company's Executive Deferred Incentive Program (EDIP), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-23; Form 4 filed: 2026-03-25 (appears timely within the 2-business-day reporting window).
- Reported amount: 2.4 phantom shares at $42.29 per share; total notional value ≈ $101.
- Shares owned after transaction: not specified in the filing excerpt.
- Type: Derivative notional/phantom-share accrual (coded as an award/grant).
- Footnotes of note:
- F1: These are notional dividend accruals on phantom shares credited to the EDIP Stock Fund; credited amount is based on the NYSE closing price on the credit date.
- F2: Notional shares settle in common stock on a one-to-one basis.
- F3: Voluntary contributions to the EDIP Stock Fund vest immediately; employer contributions vest per the EDIP schedule (death, retirement after certain service/age, or phased vesting).
Context
This transaction reflects a small compensation-related credit (not a market purchase). Derivative/phantom-share credits like this generally represent deferred compensation that may later convert into actual shares per plan rules; they do not directly signal buying or selling activity in the public market.