Vertiv (VRT) President EMEA has 735 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertiv Holdings Co executive Ryan Paul, President EMEA, reported a routine tax-withholding transaction involving company stock. On this Form 4, 735 shares of Class A Common Stock were automatically withheld by Vertiv to cover his tax obligation upon vesting and settlement of restricted stock units and related dividend-equivalent stock units.
After this tax-withholding disposition, Paul directly holds 18,629.49 shares, RSUs and DSUs in total under Vertiv’s 2020 Stock Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ryan Paul
Role
President EMEA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 735 | $330.97 | $243K |
Holdings After Transaction:
Class A Common Stock — 18,629.49 shares (Direct, null)
Footnotes (1)
- Represents the automatic withholding by the issuer to satisfy the reporting person's tax obligation upon vesting and settlement of restricted stock units ("RSUs"), including dividend-equivalent stock units ("DSUs"). Pursuant to the terms of the 2020 Stock Incentive Plan, fractional shares are mandatorily settled in cash. Includes shares, RSUs and DSUs.
Key Figures
Tax-withholding shares: 735 shares
Reference price per share: $330.97 per share
Holdings after transaction: 18,629.49 shares/units
+1 more
4 metrics
Tax-withholding shares
735 shares
Shares of Class A Common Stock withheld to satisfy tax obligation
Reference price per share
$330.97 per share
Price applied to the 735 withheld shares
Holdings after transaction
18,629.49 shares/units
Total Vertiv shares, RSUs and DSUs held directly after withholding
Tax-withholding transactions
1 transaction
Single F-code tax-withholding disposition on Form 4
Key Terms
restricted stock units ("RSUs"), dividend-equivalent stock units ("DSUs"), 2020 Stock Incentive Plan, tax obligation, +1 more
5 terms
restricted stock units ("RSUs") financial
"tax obligation upon vesting and settlement of restricted stock units ("RSUs"), including dividend-equivalent"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
dividend-equivalent stock units ("DSUs") financial
"RSUs), including dividend-equivalent stock units ("DSUs"). Pursuant to the terms of the 2020"
2020 Stock Incentive Plan financial
"DSUs"). Pursuant to the terms of the 2020 Stock Incentive Plan, fractional shares are"
tax obligation financial
"withholding by the issuer to satisfy the reporting person's tax obligation upon vesting and settlement"
automatic withholding financial
"Represents the automatic withholding by the issuer to satisfy the reporting person's tax obligation"
FAQ
What insider transaction did Vertiv (VRT) executive Ryan Paul report?
Ryan Paul reported an automatic tax-withholding disposition of Vertiv Class A Common Stock. The company withheld 735 shares to satisfy his tax obligation when restricted stock units and related dividend-equivalent stock units vested and settled under the 2020 Stock Incentive Plan.
Was Ryan Paul’s Vertiv (VRT) Form 4 an open-market sale?
No, Ryan Paul’s Form 4 reflects tax-withholding, not an open-market sale. Vertiv automatically withheld 735 shares to pay taxes due on vested restricted stock units and dividend-equivalent stock units, consistent with the terms of the 2020 Stock Incentive Plan.