Vertiv (NYSE: VRT) grants CAO Eric Johnson 2,851 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertiv Holdings Co reported that Chief Accounting Officer Eric M. Johnson received a grant of stock options covering 2,851 shares of Class A common stock at an exercise price of $241.78 per share. The options vest 25% on each of the first four anniversaries of March 15, 2026, and expire in 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson Eric M.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 2,851 | $0.00 | -- |
Holdings After Transaction:
Stock Options — 2,851 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Vertiv (VRT) report for Eric M. Johnson?
Vertiv reported that Chief Accounting Officer Eric M. Johnson received a grant of 2,851 stock options. These options relate to Class A common stock and represent compensation rather than an open-market trade, reflecting an equity-based incentive award from the company.
What are the key terms of Eric M. Johnson’s Vertiv stock option grant?
The grant covers 2,851 stock options with an exercise price of $241.78 per share. The options are linked to Vertiv’s Class A common stock and were awarded directly to Johnson as part of his compensation package with a long-dated expiration.
How do Eric M. Johnson’s Vertiv stock options vest over time?
The options vest in four equal annual installments. Specifically, 25% of the 2,851 options vest on each of the first four anniversaries of March 15, 2026, creating a multi-year incentive schedule tied to Johnson’s continued service.
When do Eric M. Johnson’s Vertiv stock options expire?
The stock options granted to Eric M. Johnson are scheduled to expire in 2036. This long expiration period gives him an extended window to exercise the options after vesting, aligning the award with Vertiv’s longer-term performance horizon.
Is Eric M. Johnson’s Vertiv stock option grant an open-market purchase or sale?
The transaction is a grant of stock options, not an open-market purchase or sale. It is classified as an acquisition under a grant or award, meaning the company awarded options to Johnson as compensation rather than him trading Vertiv shares in the market.