Vertiv CFO receives small stock unit award
Vertiv Holdings Co Chief Financial Officer Craig Chamberlin reported a small equity award under the company’s incentive plans.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1.12 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
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 financial
DSUs financial
RSUs financial
2020 Stock Incentive Plan financial
401(k) plan financial
FAQ
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What did Vertiv Holdings (VRT) CFO Craig Chamberlin report in this Form 4?
What is a dividend-equivalent stock unit (DSU) in the Vertiv (VRT) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.