Christopher Nardecchia - Jun 6, 2023 Form 4 Insider Report for ROCKWELL AUTOMATION, INC (ROK)

Role
SVP, Chief Information Officer
Signature
Danielle White, Attorney-in-fact for Christopher Nardecchia
Stock symbol
ROK
Transactions as of
Jun 6, 2023
Transactions value $
-$145,016
Form type
4
Date filed
6/7/2023, 06:39 PM
Previous filing
Dec 13, 2022
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROK Common Stock Options Exercise $0 +1.55K +18.36% $0.00 10K Jun 6, 2023 Direct
transaction ROK Common Stock Sale -$60.7K -205 -2.05% $296.21 9.79K Jun 7, 2023 Direct F1, F2
transaction ROK Common Stock Sale -$84.3K -284 -2.9% $296.81 9.51K Jun 7, 2023 Direct F1, F3, F4
holding ROK Common Stock 5.36 Jun 6, 2023 By Savings Plan F5

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 ROK Restricted Stock Units Options Exercise $0 -1.55K -33.32% $0.00 3.1K Jun 6, 2023 Common Stock 1.55K Direct F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale of shares pursuant to a 10b5-1 trading plan entered into on 2/24/2023 to cover taxes due on restricted stock units that vested on 6/6/2023.
F2 Price reported in column 4 is a weighted average price. Shares sold at prices ranging from $295.5400 to $296.4550. The reporting person undertakes to provide to the Company, any shareowners of the Company and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price.
F3 Price reported in column 4 is a weighted average price. Shares sold at prices ranging from $296.5500 to $297.1600. The reporting person undertakes to provide to the Company, any shareowners of the Company and the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price.
F4 Includes 1,407 shares held by the Company to implement restrictions on transfer unless and until certain conditions are met.
F5 Includes shares represented by Company stock fund units acquired under the Company Savings Plan since the date last reported for this person based on information furnished by the Plan Administrator as of 3/31/2023. The number of stock fund units represented by the balance of the participant's Company stock fund account may not exactly equal the number of stock fund units represented by a prior balance due to variance in the proportion of uninvested cash held in the reference fund used to determine unit values of the Company stock fund under the Plan.
F6 Each restricted stock unit represents a contingent right to receive one share of Rockwell Automation common stock.
F7 The restricted stock units vest in three substantially equal annual installments beginning on the date exercisable.