Vertiv executive receives dividend-equivalent share units
Shen Wei reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Shen Wei reported acquisition or exercise transactions in this Form 4 filing.
Vertiv Holdings Co executive Shen Wei reported a small equity-based compensation adjustment rather than a market trade. As President, Greater China, Shen received an automatic grant of 0.49 dividend-equivalent stock units tied to existing restricted stock units. These dividend-equivalent units vest on the same schedule as the underlying RSUs and fractional shares will be settled in cash. Following this grant, Shen’s directly held and unit-based interest, including shares, RSUs and DSUs, totals 3,319.2 units of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 0.49 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents the automatic accrual of dividend-equivalent stock units ("DSUs") on the reporting person's restricted stock units ("RSUs"). The DSUs will become vested on the same schedule as the underlying RSUs. Pursuant to the terms of the 2020 Stock Incentive Plan, fractional shares will be settled in cash.
- F2. Includes shares, RSUs and DSUs.
Key Figures
Key Terms
dividend-equivalent stock units financial
DSUs financial
restricted stock units financial
RSUs financial
2020 Stock Incentive Plan financial
FAQ
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What insider transaction did Vertiv (VRT) report for Shen Wei?
Is Shen Wei’s Vertiv (VRT) Form 4 transaction a stock purchase or sale?
What are dividend-equivalent stock units (DSUs) in Vertiv’s (VRT) Form 4?
Does Shen Wei’s Vertiv (VRT) Form 4 indicate any derivative option exercises?
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