Vertiv (NYSE: VRT) CFO adds dividend-equivalent stock units to holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertiv Holdings Co Chief Financial Officer Craig Chamberlin reported a small equity award under the company’s incentive plans. He acquired 1.12 Class A Common Stock dividend-equivalent stock units at no cost, tied to existing restricted stock units. After this automatic accrual, his direct holdings total 5,597.48 Class A equity units, including shares, RSUs and DSUs. He also holds 78.55 Class A shares indirectly through the company’s 401(k) plan. Fractional shares from these awards will be settled in cash under the 2020 Stock Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Chamberlin Craig
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1.12 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 5,597.48 shares (Direct, null);
Class A Common Stock — 78.55 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- 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. Includes shares, RSUs and DSUs. Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements.
Key Figures
Dividend-equivalent stock units granted: 1.12 units
Direct Class A equity holdings: 5,597.48 units
Indirect 401(k) holdings: 78.55 shares
+1 more
4 metrics
Dividend-equivalent stock units granted
1.12 units
Automatic accrual on RSUs
Direct Class A equity holdings
5,597.48 units
Includes shares, RSUs and DSUs after award
Indirect 401(k) holdings
78.55 shares
Class A Common Stock via 401(k) plan
Award price per unit
$0.00
Grant/award acquisition of DSUs
Key Terms
dividend-equivalent stock units, DSUs, RSUs, 2020 Stock Incentive Plan, +1 more
5 terms
dividend-equivalent stock units financial
"Represents the automatic accrual of dividend-equivalent stock units ("DSUs") on the reporting person's restricted stock units ("RSUs")."
Dividend-equivalent stock units are compensation units that track the dividend payments an investor would receive on a share, but are paid to an employee or holder in cash or additional units instead of actual shares. They matter to investors because they represent a company obligation that can affect cash flow and shareholder dilution over time, and they reveal how a company rewards insiders in ways that mimic its dividend policy — like giving a paycheck that follows the company’s dividend stream.
DSUs financial
"Represents the automatic accrual of dividend-equivalent stock units ("DSUs") on the reporting person's restricted stock units ("RSUs")."
DSUs, or Deferred Share Units, are a form of long-term pay where employees or directors receive a promise of company shares or cash at a later date instead of immediate salary. Think of them as an IOU for future stock that vests over time and converts into actual shares or cash, so they matter to investors because they can increase the number of outstanding shares (dilution) and reveal how management’s pay is tied to company performance.
RSUs financial
"Represents the automatic accrual of dividend-equivalent stock units ("DSUs") on the reporting person's restricted stock units ("RSUs")."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2020 Stock Incentive Plan financial
"Pursuant to the terms of the 2020 Stock Incentive Plan, fractional shares will be settled in cash."
401(k) plan financial
"Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What did Vertiv Holdings (VRT) CFO Craig Chamberlin report in this Form 4?
Craig Chamberlin reported an automatic grant of 1.12 Class A dividend-equivalent stock units at no cost. These units accrued on his existing restricted stock units and follow the same vesting schedule under Vertiv’s 2020 Stock Incentive Plan.
What is a dividend-equivalent stock unit (DSU) in the Vertiv (VRT) Form 4?
Dividend-equivalent stock units are additional stock units that automatically accrue on existing restricted stock units when dividends are paid. In this filing, 1.12 DSUs were credited to Craig Chamberlin’s RSUs and will vest on the same schedule as the underlying RSUs.