Versigent director granted 14.65 dividend rights
Versigent director Kevin P. Clark received 14.65 dividend-equivalent rights tied to existing RSU grants following a company dividend.
Rhea-AI Filing Summary
Versigent PLC (VGNT) director Kevin P. Clark reported an acquisition of 14.65 Dividend Equivalent Rights on September 18, 2026. These derivative rights accrued on prior restricted stock unit grants due to a dividend declared and paid by Versigent and represent the economic equivalent of 14.65 ordinary shares, vesting on the same schedule as the related RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 14.65 shares
Grant/Award
1 txn
Insider
CLARK KEVIN P
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
Price per Dividend Equivalent Right: $0.00
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
Price per Dividend Equivalent Right
$0.00
Grant/award acquisition on September 18, 2026
Dividend Equivalent Rights held after transaction
14.65 rights
Total derivative holdings from this award following the reported transaction
Underlying ordinary shares equivalent
14.65 shares
Each Dividend Equivalent Right equals one Versigent ordinary share economically
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 as a result of a dividend"
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
"The dividend equivalent rights accrued on grants of restricted stock units as a result"
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 VGNT director Kevin P. Clark report?
He reported an acquisition of 14.65 Dividend Equivalent Rights on September 18, 2026. These rights arose from a Versigent dividend on previously granted restricted stock units and are economically equivalent to 14.65 ordinary shares, vesting with the underlying RSUs.
What are the Dividend Equivalent Rights reported for VGNT?
They are Dividend Equivalent Rights that accrued on restricted stock units because Versigent declared and paid a dividend. Each right is the economic equivalent of one ordinary share and will vest on the same schedule as the related restricted stock units.
Was a Rule 10b5-1 trading plan involved in this VGNT Form 4?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the transaction was executed under a Rule 10b5-1 or other pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.