Insider Trading April 3, 2026

Rockwell Automation SVP Sells $107,341 in Shares as RSUs Vest

Sale tied to a 10b5-1 plan to cover taxes on restricted units; broader analyst views on valuation and sector dynamics noted

By Nina Shah ROK
Rockwell Automation SVP Sells $107,341 in Shares as RSUs Vest
ROK

Matheus De A G Viera Bulho, senior vice president for Software and Control at Rockwell Automation (ROK), disposed of 299 shares on April 2, 2026, generating about $107,341. The transaction, reported on a Form 4, was carried out under a Rule 10b5-1 plan established November 26, 2025, and was intended to cover taxes on restricted stock units that vested April 1, 2026. The company’s shares have risen 54.97% over the past year but remain roughly 17% below their 52-week high. Multiple broker and research notes cited valuation and sector considerations for the stock.

Key Points

  • SVP Matheus De A G Viera Bulho sold 299 Rockwell Automation shares on April 2, 2026, for about $107,341 at $358.76 to $359.25 per share.
  • The sale was executed under a Rule 10b5-1 plan established November 26, 2025, to cover taxes on restricted stock units that vested April 1, 2026; Bulho also exercised options to acquire 882 shares at $0 on April 1.
  • Analyst notes vary: Jefferies downgraded ROK to Hold and lowered its price target citing valuation concerns, while Argus reiterated Buy; Barclays, Morgan Stanley and the BofA Industrial Momentum Indicator offered additional sector context.

Matheus De A G Viera Bulho, who serves as Senior Vice President of Software and Control at Rockwell Automation (NYSE: ROK), sold 299 shares of the company's common stock on April 2, 2026, for approximately $107,341.

The sale prices ranged from $358.76 to $359.25 per share, which were below the stock's then-current market price of $365.02. Over the past 12 months the share price has delivered a total return of 54.97%, though it still sits about 17% under the 52-week peak of $438.72.

The disposition was reported on a Form 4 filing with the Securities and Exchange Commission. According to the filing, the transaction was executed pursuant to a Rule 10b5-1 trading plan that Bulho entered into on November 26, 2025. The stated purpose of the sale under that plan was to cover tax liabilities stemming from restricted stock units that vested on April 1, 2026.

Relatedly, on April 1 Bulho exercised options to acquire 882 shares of Rockwell Automation common stock at an exercise price of $0. The filing notes that these restricted stock units vest in three substantially equal annual installments beginning on the date they become exercisable.

After completing the option exercise and the subsequent sale, Bulho's direct ownership in Rockwell Automation stands at 2,984 shares, in addition to 5.71 shares held indirectly through a savings plan.


Valuation and research notes

Analysis from InvestingPro cited in connection with the filing indicates that Rockwell Automation's stock appears overvalued relative to its Fair Value. The InvestingPro commentary also references that investors can access additional insights, including 13 further InvestingPro Tips and Pro Research Reports covering ROK and more than 1,400 other U.S. equities, noting the company's 56-year dividend payment streak among the points highlighted.

Outside of the insider transaction, a number of sell-side and research viewpoints mentioned in the same reporting address valuation and industry dynamics. Jefferies downgraded Rockwell Automation from Buy to Hold and lowered its price target to $380 from $490, citing valuation concerns. Argus maintained a Buy rating with a $465 price target, interpreting recent share weakness as a potential buying opportunity. Barclays emphasized the company's healthy software moat and suggested it is well positioned to withstand potential disruptions related to artificial intelligence. Morgan Stanley analysts pointed to reshoring trends in the U.S. industrial sector as a potential tailwind for companies like Rockwell Automation given less reliable global supply chains. Separately, the BofA Industrial Momentum Indicator declined for a second straight month, although the overall trend was reported as still positive.

These items together outline the immediate mechanics and purpose of the insider sale, the executive's post-transaction stockholding, and the range of analyst views that touch on valuation, competitive positioning, and broader industrial sector dynamics.

Risks

  • Valuation uncertainty - multiple analyst notes referenced valuation concerns, which could affect investor sentiment and stock performance in the industrials and automation sectors.
  • Momentum deterioration - the BofA Industrial Momentum Indicator has fallen for a second consecutive month, signaling potential near-term softness in the industrial sector.
  • Concentration of vested compensation - taxable events tied to restricted stock unit vesting can lead to executive share sales that may weigh on short-term stock supply.

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