EVP Morton Jerrald R sold 9,390 shares of RRX at $209.13 on 2026-05-14 for $1,963,730.70.
Morton Jerrald R, EVP and President of IPS, sold 9,390 shares at $209.13, reducing his holdings from 26,196 shares to 16,806 shares. The sale occurred at a time when Regal Rexnord reported annual revenue of $1.5B with net income of $64.3M, against a backdrop of -1.6% year-over-year revenue decline. With 2 prior sells in his cross-ticker track record and two additional recent sales at RRX on 2026-02-09, this represents a pattern of dispositions at this company. Post-transaction holdings of 16,806 shares remain substantial relative to the broader equity base.
EVP Morton sold 7,978 shares at blended $215.77 for $1.7M; post-sale holdings 24.0K shares, -24.9%
Morton Jerrald R, EVP and President of IPS at Regal Rexnord, executed 2 separate sales totaling 7,978 shares for $1,721,445.46 at a blended average price of $215.77, reducing his holdings by 24.9% to 24.0K shares. The stock currently trades at $224.08, above the transaction prices, and has appreciated 47.2% over 30 days and 62.9% over 90 days, reaching its 52-week high of $224.08. This sale occurred amid strong recent price momentum and against a backdrop of -3.5% annual revenue growth and an elevated P/E of 57.90, warranting examination of whether execution by an operating executive reflects fundamental concerns or simply portfolio adjustment.