---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-057164"
form_type: "8-K"
ticker: "RBC"
cik: "0001324948"
company_name: "RBC Bearings INC"
filed_at: "2024-06-28T23:59:59+00:00"
generated_at: "2026-06-01T00:28:05.506385+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# RBC Bearings amends CEO/COO employment agreements; Hartnett base salary $1.5M, Bergeron $672,525

## Summary
- CEO Michael Hartnett new base salary $1.5M/year retroactive to March 31, 2024; COO Daniel Bergeron $672,525.
- Initial term expires March 31, 2026 with automatic annual renewals unless 90-day nonrenewal notice.
- New annual equity awards based on adjusted EBITDA, 5-year TSR vs peer group, and 3-year ROIC performance.
- Hartnett receives either 20 hrs/year flight time or $120K annual non-business travel allowance.
- Equity awards are fully vested shares (unrestricted) except Bergeron EBITDA award vests over 3 years.

## SEC filing metadata
- accession: 0001213900-24-057164
- form_type: 8-K
- ticker: RBC
- cik: 0001324948
- company_name: RBC Bearings INC
- filed_at: 2024-06-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1324948/000121390024057164/0001213900-24-057164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1324948/000121390024057164/ea0208633-8k_rbcbear.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-057164
- JSON: https://secwatch.observer/filing/0001213900-24-057164.json
- Plain text: https://secwatch.observer/filing/0001213900-24-057164.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.