Versigent CFO granted 480.603 dividend rights
Versigent’s CFO received a dividend-linked grant of 480.603 derivative rights tied to existing restricted stock units, increasing his direct derivative holdings.
Rhea-AI Filing Summary
Versigent PLC (symbol: VGNT) is the issuer of record for a Form 4 filing submitted to the SEC. Ostermann Douglas R reported acquisition or exercise transactions in this Form 4 filing.
Versigent PLC (VGNT) reported that Chief Financial Officer Ostermann Douglas R received a grant of 480.603 dividend equivalent rights on September 18, 2026. These derivative rights relate to existing restricted stock unit grants and are the economic equivalent of the same number of Versigent ordinary shares.
The dividend equivalent rights accrued because Versigent declared and paid a dividend, and they will vest on the same schedule as the underlying restricted stock units. No Rule 10b5-1 trading plan is indicated for this award, and the CFO’s direct holdings of these rights increased to 480.603 following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 480.603 | $0.00 | $0.00 |
Footnotes (1)
- F1. The dividend equivalent rights accrued on grants of restricted stock units as a result of a dividend declared and paid by the issuer. These rights vest on the same schedule as the restricted stock units to which they relate. Each dividend equivalent right is the economic equivalent of one share of the issuer's ordinary shares.
Key Figures
Key Terms
Dividend Equivalent Rights financial
restricted stock units financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Versigent (VGNT) disclose in this Form 4 for its CFO?
How many dividend equivalent rights were granted to the VGNT CFO?
What are the dividend equivalent rights reported by Versigent (VGNT)?
At what price were the dividend equivalent rights granted to the VGNT CFO?
Do the VGNT CFO’s dividend equivalent rights vest immediately?
Was the VGNT CFO’s Form 4 transaction under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.