Vertiv Holdings Co (VRT) director awarded 5,578 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertiv Holdings Co director Joseph J. DeAngelo received a grant of stock options covering 5,578 shares of Class A common stock. The options have an exercise price of $241.78 per share and expire in 2036. They vest in four equal 25% installments on each of the first four anniversaries of March 15, 2026, aligning the director’s compensation with long-term company performance. Following this grant, he holds 5,578 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DEANGELO JOSEPH J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 5,578 | $0.00 | -- |
Holdings After Transaction:
Stock Options — 5,578 shares (Direct)
Footnotes (1)
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FAQ
What did Vertiv (VRT) director Joseph J. DeAngelo report in this Form 4?
He reported receiving a grant of stock options for 5,578 shares of Vertiv Class A common stock. These options are part of his compensation and give him the right to buy shares at a fixed price in the future.
How many Vertiv (VRT) stock options were granted to director Joseph J. DeAngelo?
Joseph J. DeAngelo was granted stock options on 5,578 underlying shares of Vertiv Class A common stock. This entire amount represents his direct derivative holding immediately after the reported transaction, according to the Form 4 filing data.
What is the exercise price of Joseph J. DeAngelo’s Vertiv (VRT) stock options?
The stock options granted to Joseph J. DeAngelo have an exercise price of $241.78 per share. This is the fixed price at which he can purchase Vertiv Class A common stock once the options vest and before they expire.
When do Joseph J. DeAngelo’s Vertiv (VRT) stock options vest?
The options vest as to 25% on each of the first four anniversaries of March 15, 2026. This means the grant vests in four equal annual installments, encouraging longer-term alignment with Vertiv’s performance over several years.
When do the Vertiv (VRT) stock options granted to Joseph J. DeAngelo expire?
The granted stock options are scheduled to expire on March 6, 2036. He must exercise any vested options before this expiration date; otherwise, the right to purchase Vertiv Class A common stock at the set price lapses.
Does Joseph J. DeAngelo hold Vertiv (VRT) stock options directly or indirectly?
According to the Form 4 data, Joseph J. DeAngelo holds these 5,578 stock options directly. The ownership type is reported as direct, and no indirect ownership entities or special investment authority arrangements are indicated in the footnotes.