Vertiv Executive Shows Confidence as Stock Holdings Increase via Dividend Program
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertiv Holdings EVP of Global Portfolio/Business Units Scott Armul reported changes in beneficial ownership on June 26, 2025. Key transactions include:
- Acquisition of 2.95 dividend-equivalent stock units (DSUs) on restricted stock units (RSUs) at $0, which will vest according to the underlying RSU schedule
- Total beneficial ownership following transactions: - 17,060.99 shares held directly (including shares, RSUs, and DSUs) - 2,134.22 shares held indirectly through 401(k) plan
The transaction was reported via Form 4 filing, with Robert M. Wolfe signing as attorney-in-fact. The DSUs were granted under the company's 2020 Stock Incentive Plan, with fractional shares to be settled in cash. The 401(k) plan transactions were exempt from reporting requirements.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Armul Scott
Role
EVP Global Portfolio/Bus Units
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2.95 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 17,060.99 shares (Direct);
Class A Common Stock — 2,134.22 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.
FAQ
What is Scott Armul's position at Vertiv Holdings (VRT)?
Scott Armul serves as EVP Global Portfolio/Business Units at Vertiv Holdings Co, as indicated in the Form 4 filing.
What was the price of VRT DSUs acquired by Scott Armul?
The DSUs were acquired at $0 as they represent dividend-equivalent stock units automatically accrued on existing RSUs. According to the filing, these DSUs will vest on the same schedule as the underlying RSUs.