Vertiv (NYSE: VRT) CLO granted dividend-equivalent stock units in Form 4
Rhea-AI Filing Summary
Gill Stephanie L reported acquisition or exercise transactions in this Form 4 filing.
Vertiv Holdings Co Chief Legal Officer Stephanie L. Gill reported a small equity-based compensation change. She received an automatic grant of 4.58 dividend-equivalent stock units (DSUs) on her restricted stock units (RSUs) at a price of $0.00 per share, reflecting accrued dividends under Vertiv’s 2020 Stock Incentive Plan. After this award, she directly holds 34,429.07 shares, RSUs and DSUs of Class A common stock, and indirectly holds 2,048.85 shares through the company’s 401(k) plan. Fractional shares under the plan are settled in cash, and the DSUs vest on the same schedule as the underlying RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4.58 shares
Net Buy
2 txns
Insider
Gill Stephanie L
Role
Chief Legal Officer & Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4.58 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 34,429.07 shares (Direct);
Class A Common Stock — 2,048.85 shares (Indirect, By 401(k) Plan)
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
DSUs granted: 4.58 units
Grant price: $0.00 per share
Direct holdings after transaction: 34,429.07 units
+1 more
4 metrics
DSUs granted
4.58 units
Automatic dividend-equivalent stock units on RSUs
Grant price
$0.00 per share
Price for DSU accrual under stock plan
Direct holdings after transaction
34,429.07 units
Includes shares, RSUs and DSUs of Class A common stock
Indirect 401(k) holdings
2,048.85 shares
Shares held through Vertiv 401(k) plan
Key Terms
dividend-equivalent stock units, DSUs, RSUs, 2020 Stock Incentive Plan, +1 more
5 terms
dividend-equivalent stock units financial
"Represents the automatic accrual of dividend-equivalent stock units ("DSUs") on the reporting person's restricted stock units"
Dividend-equivalent stock units are compensation units that track the dividend payments an investor would receive on a share, but are paid to an employee or holder in cash or additional units instead of actual shares. They matter to investors because they represent a company obligation that can affect cash flow and shareholder dilution over time, and they reveal how a company rewards insiders in ways that mimic its dividend policy — like giving a paycheck that follows the company’s dividend stream.
DSUs financial
"Represents the automatic accrual of dividend-equivalent stock units ("DSUs") on the reporting person's restricted stock units"
DSUs, or Deferred Share Units, are a form of long-term pay where employees or directors receive a promise of company shares or cash at a later date instead of immediate salary. Think of them as an IOU for future stock that vests over time and converts into actual shares or cash, so they matter to investors because they can increase the number of outstanding shares (dilution) and reveal how management’s pay is tied to company performance.
RSUs financial
"Represents the automatic accrual of dividend-equivalent stock units ("DSUs") on the reporting person's restricted stock units ("RSUs")"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2020 Stock Incentive Plan financial
"Pursuant to the terms of the 2020 Stock Incentive Plan, fractional shares will be settled in cash"
401(k) plan financial
"Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What insider transaction did Vertiv (VRT) report for Stephanie L. Gill?
Vertiv reported that Chief Legal Officer Stephanie L. Gill received 4.58 dividend-equivalent stock units as an automatic equity award. These units accrue on existing restricted stock units and reflect dividends, with no cash changing hands at grant.
What are dividend-equivalent stock units (DSUs) in Vertiv’s plan?
Dividend-equivalent stock units at Vertiv are additional units that automatically accrue on restricted stock units when dividends are paid. They vest on the same schedule as the underlying RSUs, and fractional shares under the plan are settled in cash instead of stock.
Was the Vertiv (VRT) insider transaction an open-market buy or sell?
No, this was not an open-market buy or sell. The Form 4 shows a grant of 4.58 dividend-equivalent stock units at zero cost as part of Vertiv’s 2020 Stock Incentive Plan, rather than a discretionary market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
