Versigent director acquires 14.65 dividend rights
Versigent PLC director received dividend-equivalent rights tied to prior RSU grants, reflecting a non-cash, derivative-based compensation accrual.
Rhea-AI Filing Summary
Versigent PLC (VGNT) director Brad M. Cerepak reported an acquisition of 14.65 Dividend Equivalent Rights on September 18, 2026. These rights accrued on previously granted restricted stock units due to a dividend declared and paid by Versigent and are the economic equivalent of 14.65 ordinary shares, vesting on the same schedule as the related restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 14.65 shares
Grant/Award
1 txn
Insider
Cerepak Brad M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 14.65 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 14.65 contracts (Direct)
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
Dividend Equivalent Rights acquired: 14.65 rights
Transaction price per right: $0.00 per right
Dividend Equivalent Rights held after transaction: 14.65 rights
+1 more
4 metrics
Dividend Equivalent Rights acquired
14.65 rights
Grant/award acquisition on September 18, 2026
Transaction price per right
$0.00 per right
Non-cash accrual of rights from dividend on RSUs
Dividend Equivalent Rights held after transaction
14.65 rights
Direct ownership position following the reported acquisition
Underlying ordinary shares equivalent
14.65 shares
Each Dividend Equivalent Right equals one ordinary share
Key Terms
Dividend Equivalent Rights, restricted stock units, ordinary shares
3 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on grants of restricted stock units"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
restricted stock units financial
"accrued on grants of restricted stock units as a result of a dividend"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Versigent PLC (VGNT) report on this Form 4?
The filing reports that director Brad M. Cerepak acquired 14.65 Dividend Equivalent Rights on September 18, 2026. These derivative rights arose from a dividend declared and paid by Versigent on previously granted restricted stock units.
How many Versigent (VGNT) Dividend Equivalent Rights did the director hold after the transaction?
After the reported transaction, the director held a total of 14.65 Dividend Equivalent Rights directly. Each right is tied to an underlying ordinary share and reflects dividend accruals on restricted stock units.
What do the Dividend Equivalent Rights represent for Versigent (VGNT)?
Each Dividend Equivalent Right is the economic equivalent of one ordinary share of Versigent PLC. They accrue on restricted stock units when a dividend is declared and are designed to mirror the value of dividends on the underlying shares.
Do the Versigent (VGNT) Dividend Equivalent Rights vest immediately?
No. The filing states these Dividend Equivalent Rights vest on the same schedule as the restricted stock units to which they relate, aligning their vesting with the original RSU awards rather than providing immediate vesting.
Was there any cash price paid for the Versigent (VGNT) Dividend Equivalent Rights?
No cash price was paid. The transaction price per right is reported as $0.00, reflecting that the rights accrued automatically as a result of a dividend declared and paid on existing restricted stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.