Vertiv (NYSE: VRT) awards 6,274 stock options to its CHRO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertiv Holdings reported that Chief Human Resources Officer Frank Poncheri received a grant of stock options covering 6,274 shares of Class A common stock at an exercise price of $241.78 per share. The options expire on March 6, 2036 and will vest 25% on each of the first four anniversaries of March 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Poncheri Frank
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 6,274 | $0.00 | -- |
Holdings After Transaction:
Stock Options — 6,274 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Vertiv (VRT) report for Frank Poncheri?
Vertiv reported that Chief Human Resources Officer Frank Poncheri received a grant of stock options for 6,274 shares of Class A common stock. This grant is compensation-related, not an open-market purchase or sale, and is documented as a derivative award with code A.
What are the key terms of Frank Poncheri’s Vertiv stock options?
The award covers 6,274 stock options with an exercise price of $241.78 per share, expiring March 6, 2036. Each option is linked to one share of Vertiv Class A common stock, making this a standard equity incentive grant for a senior executive.
How will Frank Poncheri’s Vertiv (VRT) stock options vest?
The stock options will vest in four equal installments of 25% each. Vesting occurs on the first four anniversaries of March 15, 2026, creating a multi-year retention incentive for the Chief Human Resources Officer tied to continued service with Vertiv.
Does this Vertiv Form 4 show a stock buy or sale by Frank Poncheri?
No, the filing shows a grant of stock options coded as an acquisition (A), not an open-market buy or sale. The transaction price per option is listed as $0.00, reflecting a compensation grant rather than a market transaction in Vertiv shares.
How many Vertiv stock options does Frank Poncheri hold after this grant?
After this transaction, Frank Poncheri is shown holding 6,274 stock options directly. These options are all from this reported grant and relate to Vertiv Class A common stock, according to the totals disclosed following the transaction in the filing.