Louis V. Pinkham - Nov 7, 2024 Form 4 Insider Report for REGAL REXNORD CORP (RRX)

Signature
/s/ Hugo Dubovoy Jr., as Power of Attorney
Stock symbol
RRX
Transactions as of
Nov 7, 2024
Transactions value $
-$4,046,172
Form type
4
Date filed
11/12/2024, 07:02 PM
Previous filing
Oct 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRX Common Stock Options Exercise $4.34M +55.6K +54.06% $78.05 158K Nov 7, 2024 Direct F1, F2
transaction RRX Common Stock Sale -$1.58M -8.77K -5.54% $180.03 150K Nov 7, 2024 Direct F1, F2, F3
transaction RRX Common Stock Tax liability -$6.8M -38K -25.42% $178.92 112K Nov 7, 2024 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RRX Stock Appreciation Rights Options Exercise $0 -55.6K -100% $0.00 0 Nov 7, 2024 Common Stock 55.6K $78.05 Direct F1, F4
holding RRX Stock Appreciation Rights 47.5K Nov 7, 2024 Common Stock 47.5K $84.39 Direct F5
holding RRX Stock Appreciation Rights 33.4K Nov 7, 2024 Common Stock 33.4K $133.77 Direct F5
holding RRX Stock Appreciation Rights 32.7K Nov 7, 2024 Common Stock 32.7K $151.27 Direct F5
holding RRX Stock Appreciation Rights 30.3K Nov 7, 2024 Common Stock 30.3K $154.20 Direct F5
holding RRX Stock Appreciation Rights 28.6K Nov 7, 2024 Common Stock 28.6K $168.47 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise of Stock Appreciation Rights ("SARs") expiring on May 8, 2029. Of the 17,549 underlying shares that the reporting person received net of shares withheld to cover the SARs' exercise price and applicable taxes, 8,775 shares were retained and the remaining 8,774 shares were sold as indicated in this Form 4 for tax and estate planning purposes.
F2 Amount beneficially owned reflects deduction of 263.228 dividend equivalent shares ("DSUs") associated with unearned performance share units that were inadvertently credited to the reporting person in previous Form 4 reports. These DSUs will be credited to the reporting person's beneficial ownership total when, if and as earned.
F3 The price in Column 4 is a weighted average price. The prices actually received ranged from $180.00 to $180.55. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
F4 Granted as stock-settled SARs under the 2018 Equity Incentive Plan. The SARs vest and become exercisable 40% on the second anniversary, 60% on the third anniversary, 80% on the fourth anniversary and 100% on the fifth anniversary of the date of the grant.
F5 Granted as stock-settled SARs under the 2018 Equity Incentive Plan. The SARs vest and become exercisable 34% on the first anniversary, 67% on the second anniversary and 100% on the third anniversary of the date of the grant.
F6 Granted as stock-settled SARs under the 2023 Omnibus Incentive Plan. The SARs vest and become exercisable 34% on the first anniversary, 67% on the second anniversary and 100% on the third anniversary of the date of the grant.