Versigent director granted 14.65 dividend rights
Versigent PLC director Tamez Armando received 14.65 dividend equivalent rights tied to existing restricted stock units after a company dividend.
Rhea-AI Filing Summary
Versigent PLC (VGNT) reported that director Tamez Armando received a grant of 14.65 Dividend Equivalent Rights on September 18, 2026. These rights accrued on existing 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.
The acquisition is recorded as a derivative award with no cash exercise price and represents a direct holding by the director. No transactions are reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights F1 | 14.65 | $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
economic equivalent financial
FAQ
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What insider transaction did VGNT report for Tamez Armando?
What are the Dividend Equivalent Rights reported in VGNT’s Form 4?
How many Dividend Equivalent Rights does the VGNT director hold after this transaction?
Does Versigent PLC receive any cash from this Form 4 transaction?
Was the VGNT insider transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.