Vertiv legal chief accrues 6.03 stock units
The chief legal officer’s reported direct balance includes shares, RSUs and DSUs, with a separate indirect holding through the 401(k) plan.
Rhea-AI Filing Summary
Vertiv Holdings Co (VRT) Chief Legal Officer & Sec. Stephanie L. Gill had an automatic accrual of 6.03 dividend-equivalent stock units on September 24, 2026, tied to her restricted stock units. The DSUs vest on the same schedule as the underlying RSUs, and fractional shares are settled in cash. After the accrual, her direct position was 34,435 shares, RSUs and DSUs. A separate indirect holding through the Company's 401(k) plan was 2,047 shares, acquired in transactions exempt from reporting requirements. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1, F2 | 6.03 | $0.00 | $0.00 |
| holding | Class A Common Stock F3 | -- | -- | -- |
Footnotes (3)
- 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.
- F3. Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements.
Key Figures
Key Terms
dividend-equivalent stock units (DSUs) financial
restricted stock units (RSUs) financial
FAQ
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How many dividend-equivalent stock units did VRT's chief legal officer receive?
Was the VRT transaction made under a Rule 10b5-1 plan?
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