Vertiv HR chief granted dividend stock units
Vertiv Holdings Co reported that Chief Human Resources Officer Frank Poncheri acquired 3.19 shares of Class A Common Stock through an automatic accrual of dividend-equivalent stock units on his restricted stock units.
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Rhea-AI Filing Summary
Vertiv Holdings Co reported that Chief Human Resources Officer Frank Poncheri acquired 3.19 shares of Class A Common Stock through an automatic accrual of dividend-equivalent stock units on his restricted stock units. After this grant, he directly holds a total of 16,656.87 shares, RSUs and DSUs, and indirectly holds 157.79 shares through the company’s 401(k) plan. The fractional portion of these dividend-equivalent units will be settled in cash under Vertiv’s 2020 Stock Incentive Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3.19 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. 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.
- F2. Includes shares, RSUs and DSUs.
- F3. Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements.
Key Figures
Key Terms
dividend-equivalent stock units financial
DSUs financial
RSUs financial
2020 Stock Incentive Plan financial
401(k) plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Vertiv (VRT) insider Frank Poncheri report in this Form 4?
What are dividend-equivalent stock units (DSUs) in Vertiv’s Form 4 for VRT?
Did the Vertiv (VRT) Form 4 show any open-market stock purchases or sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.