Vertiv (VRT) HR chief granted 8,387 performance-based shares vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Poncheri Frank reported acquisition or exercise transactions in this Form 4 filing.
Vertiv Holdings Co executive Frank Poncheri reported an equity award of 8,387 Class A shares. The grant, dated February 12, 2026, reflects shares earned from a prior performance-based award for a period through December 31, 2025. These result in restricted stock units scheduled to vest on January 1, 2027, generally contingent on continued service and the award terms. After this award, Poncheri directly holds 16,653.68 shares, RSUs and dividend-equivalent stock units, and indirectly holds 157.8 shares through the company 401(k) plan in transactions exempt from usual reporting.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Poncheri Frank
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,387 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 16,653.68 shares (Direct);
Class A Common Stock — 157.8 shares (Indirect, By 401(k) plan)
Footnotes (1)
- Represents the number of shares determined as earned from a prior grant of a performance-based award following completion of the performance period through December 31, 2025. The resulting restricted stock units ("RSUs") will vest on January 1, 2027, generally subject to the reporting person's continued service and the terms of the award agreement. Includes shares, RSUs and dividend-equivalent stock units ("DSUs"). Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements.
FAQ
What did Vertiv (VRT) executive Frank Poncheri report in this Form 4 filing?
Frank Poncheri reported an equity award of 8,387 Vertiv Class A shares. These shares were earned from a prior performance-based award and convert into restricted stock units that are scheduled to vest on January 1, 2027, subject to continued service and award terms.
Is the Vertiv (VRT) Form 4 transaction a stock purchase or a grant?
The Form 4 reflects a grant or award acquisition, not an open-market stock purchase. Poncheri received 8,387 shares at no stated price, earned from a prior performance-based award, which convert into restricted stock units that vest in early 2027.
When will Frank Poncheri’s Vertiv (VRT) restricted stock units from this award vest?
The resulting restricted stock units from this 8,387-share award are scheduled to vest on January 1, 2027. Vesting generally depends on Poncheri’s continued service with Vertiv and compliance with the specific terms of the governing award agreement.
What does the 401(k) plan disclosure mean in Vertiv (VRT) executive Frank Poncheri’s Form 4?
The filing shows Poncheri indirectly holds 157.8 Vertiv shares through the company’s 401(k) plan. Footnotes explain these shares were acquired under the 401(k) in transactions exempt from normal Form 4 reporting rules, but the updated holding amount is now disclosed.