Page 1

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 2 , 2021 Commission File number 1-7283 Large Accelerated Filer Non - accelerated filer Regal Beloit Corporation ( Exact Name of Registrant as Specified in Its Charter ) Wisconsin ( State of Incorporation ) 39-0875718 ( IRS Employer Identification No. ) 200 State Street , Beloit , Wisconsin 53511 ( Address of principal executive offices ) ( 608 ) 364-8800 ( Registrant's telephone number , including area code ) Securities registered pursuant to Section 12 ( b ) of the Act : Title of Each Class Common Stock ( $ 0.01 Par Value ) Securities registered pursuant to Section 12 ( g ) of the Act Indicate by check mark if the registrant is well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes > No Name of Each Exchange on Which Registered New York Stock Exchange None ( Title of Class ) Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes > No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , ” “ smaller reporting company " and " emerging growth company " in Rule 12b - 2 of the Exchange Act : Accelerated Filer Smaller Reporting Company Emerging growth company If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . □ 1 Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Yes > No Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Act ) . Yes No The aggregate market value of the voting stock held by non - affiliates of the registrant as of June 27 , 2020 was approximately $ 3.4 billion . On February 22 , 2021 , the registrant had outstanding 40,618,931 shares of common stock , $ 0.01 par value , which is registrant's only class of common stock .