The chief executive of RBC Bearings Inc., a maker of ball bearings for industrial and military use, sold 34,710 shares of common stock, according to a Securities and Exchange Commission filing Thursday.
In a Form 4 filed with the SEC, Michael Hartnett reported he sold the shares Tuesday and Wednesday for $29 to $29.18 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
RBC Bearings is based in Oxford, Conn.
Product Model | Inside Diameter | Outside Diameter | Thickness |
KZK25x32x16 bearing | 25 | 32 | 16 |
KZK22x29x16 bearing | 22 | 29 | 16 |