Vertiv (VRT) director Steven Reinemund receives grant of 5,578 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertiv Holdings Co director Steven Reinemund received a grant of stock options covering 5,578 shares of Class A common stock. The options have an exercise price of $241.78 per share and expire on March 6, 2036. According to the disclosure, these options will vest in four equal installments of 25% each year on the first four anniversaries of March 15, 2026, reflecting a multi-year equity compensation award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
REINEMUND STEVEN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 5,578 | $0.00 | -- |
Holdings After Transaction:
Stock Options — 5,578 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Vertiv (VRT) director Steven Reinemund report?
Steven Reinemund reported receiving a grant of 5,578 stock options tied to Vertiv Class A common stock. This was a compensation-related award, not an open-market trade, and represents a new derivative position with a specified exercise price and future vesting schedule.
What are the key terms of the Vertiv (VRT) stock options granted to Steven Reinemund?
The granted stock options cover 5,578 underlying Vertiv Class A common shares at an exercise price of $241.78 per share. They expire on March 6, 2036, giving the director a long-dated right to buy shares if the vesting conditions and exercise are satisfied.
How do the Vertiv (VRT) stock options granted to Steven Reinemund vest?
The options vest in four equal annual installments. Specifically, 25% of the 5,578 options will vest on each of the first four anniversaries of March 15, 2026, aligning the director’s potential ownership with longer-term company performance over several years.
What type of security did Steven Reinemund receive from Vertiv (VRT)?
He received derivative securities in the form of stock options, not direct common shares. Each option is linked to one share of Vertiv Class A common stock, providing potential future ownership if the options vest and are later exercised at the stated price.