Vertiv (NYSE: VRT) grants 17,111 options to product & tech chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertiv Holdings Co reported that Chief Product and Tech Officer Scott Armul received a grant of 17,111 stock options for Class A common stock. The options have an exercise price of $241.78 per share and expire on March 6, 2036.
According to the filing, the options will vest as to 25% on each of the first four anniversaries of March 15, 2026, aligning the award with multi‑year performance and retention. Following this grant, Armul holds 17,111 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Armul Scott
Role
Chief Product and Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 17,111 | $0.00 | -- |
Holdings After Transaction:
Stock Options — 17,111 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Vertiv (VRT) report for Scott Armul?
Vertiv reported that Chief Product and Tech Officer Scott Armul received 17,111 stock options for Class A common stock. The award is a compensation grant rather than a market purchase or sale, reflecting long-term incentive-based pay for the executive.
What are the key terms of Scott Armul’s Vertiv stock option grant?
Scott Armul’s grant covers 17,111 stock options with an exercise price of $241.78 per share and an expiration date of March 6, 2036. These options relate to Vertiv’s Class A common stock and represent a long-dated executive incentive.
How do Scott Armul’s Vertiv options vest over time?
The options will vest as to 25% on each of the first four anniversaries of March 15, 2026. This means the grant becomes exercisable in four equal annual installments, encouraging multi-year service and performance by the Chief Product and Tech Officer.
How many Vertiv stock options does Scott Armul hold after this grant?
After this reported transaction, Scott Armul holds 17,111 stock options directly. This total matches the size of the new grant, indicating this filing reflects his visible derivative position in options tied to Vertiv’s Class A common stock.