Vertiv (VRT) EMEA president receives dividend-equivalent stock unit grant
Rhea-AI Filing Summary
Ryan Paul reported acquisition or exercise transactions in this Form 4 filing.
Vertiv Holdings Co President, EMEA Ryan Paul received 3.13 shares of Class A Common Stock through a grant of dividend-equivalent stock units. These dividend-equivalent stock units accrued automatically on his existing restricted stock units under Vertiv's 2020 Stock Incentive Plan at no cash cost per share.
After this award, Paul directly holds a total of 19,364.49 shares, including shares, restricted stock units and dividend-equivalent stock units. Under the plan, any fractional shares from these accruals will be settled in cash rather than stock. This reflects routine equity-based compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3.13 | $0.00 | $0.00 |
Footnotes (2)
- 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.
Key Figures
Key Terms
dividend-equivalent stock units financial
restricted stock units financial
2020 Stock Incentive Plan financial
FAQ
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