Vontier EVP awarded 1,895 EDIP stock units
Vontier Corp executive Kathryn K. Rowen received a compensation-related award under the company’s Executive Deferred Incentive Program (EDIP).
Rhea-AI Filing Summary
Vontier Corp executive Kathryn K. Rowen received a compensation-related award under the company’s Executive Deferred Incentive Program (EDIP). On this Form 4, she acquired 1,895.370 notional shares in the Vontier Stock Fund, based on a reference price of $36.93 per notional share.
The EDIP stock fund units are unfunded, notional shares that convert into common stock on a one-to-one basis and are settled in Vontier common stock after employment ends. Following this award, her EDIP stock fund balance is 11,902.048 notional shares, all held as direct ownership. This is a grant/award acquisition, not an open-market purchase.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Vontier Stock Fund | 1,895.37 | $36.93 | $70K |
Footnotes (3)
- F1. Compensation deferred or contributed into the Issuer's stock fund (the "EDIP Stock Fund") under Issuer's Executive Deferred Incentive Program (the "EDIP") is deemed to be invested in a number of unfunded, notional shares of the Issuer's common stock based on the closing price of such common stock as reported on the NYSE on the date of the business day preceding the date such compensation is credited to the EDIP Stock Fund, which closing price is shown in Table II, Column 8.
- F2. The notional shares convert on a one-to-one basis.
- F3. The Reporting Person is vested in all contributions to the EDIP Stock Fund. Upon termination of employment, the EDIP Stock Fund is settled in Issuer common stock.
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