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VRT Insider Filing: EVP Armul Scott shows DSU accrual and 401(k) holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Armul Scott, EVP Global Portfolio/Bus Units at Vertiv Holdings Co (VRT), reported a Form 4 detailing insider changes dated 09/25/2025. The filing shows a transaction in Class A common stock with transaction code A and an execution date of 09/25/2025. The reported transaction price is $0, and the filing lists 16,403.08 shares (including shares, RSUs and DSUs) as the amount beneficially owned following the transaction. The report also discloses 2,134.14 shares held indirectly through the company 401(k) plan. The explanations state the accrual of dividend-equivalent stock units on RSUs and that fractional shares will be settled in cash.

Positive

  • Clear disclosure of DSU accruals tied to RSUs, including settlement mechanics for fractional shares
  • Continued insider ownership totaling 16,403.08 shares after the reported transaction
  • Exempt 401(k) participation shown as 2,134.14 shares held indirectly

Negative

  • None.

Insights

TL;DR: Routine equity accruals and 401(k) purchases increased reported beneficial ownership; no cash purchase or sale reported.

The Form 4 documents an automatic accrual of dividend-equivalent stock units on existing RSUs and an exempt 401(k) acquisition, resulting in 16,403.08 shares beneficially owned in total and 2,134.14 indirectly via the 401(k). The transaction code A and price of $0 are consistent with grant/accrual activity rather than open-market trades. For investors, this is a non-cash compensation-related adjustment to insider holdings rather than a market purchase or sale.

TL;DR: Disclosure reflects standard equity-compensation mechanics; documentation is clear about DSUs and settlement of fractional shares.

The filing explicitly explains that DSUs automatically accrued on RSUs and vest on the underlying RSU schedule, and that fractional shares will be settled in cash under the 2020 Stock Incentive Plan. The report is appropriately filed and signed by attorney-in-fact, indicating compliance with Section 16 reporting obligations. There are no red flags or unusual indirect ownership structures disclosed.

Insider Armul Scott
Role EVP Global Portfolio/Bus Units
Type Security Shares Price Value
Grant/Award Class A Common Stock 2.09 $0.00 --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 16,403.08 shares (Direct); Class A Common Stock — 2,134.14 shares (Indirect, By 401(k) Plan)
Footnotes (1)
  1. 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. Includes shares, RSUs and DSUs. Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Armul Scott

(Last) (First) (Middle)
C/O VERTIV HOLDINGS CO
505 N. CLEVELAND AVE

(Street)
WESTERVILLE OH 43082

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Vertiv Holdings Co [ VRT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP Global Portfolio/Bus Units
3. Date of Earliest Transaction (Month/Day/Year)
09/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 09/25/2025 A 2.09(1) A $0 16,403.08(2) D
Class A Common Stock 2,134.14(3) I By 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. Includes shares, RSUs and DSUs.
3. Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements.
Remarks:
/s/ Robert M. Wolfe, as attorney-in-fact 09/26/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Armul Scott report on the Form 4 for VRT?

The Form 4 reports a 09/25/2025 transaction in Class A common stock showing accrual of DSUs on RSUs, a transaction code A, price $0, and total beneficial ownership of 16,403.08 shares.

Does the filing show an open-market purchase or sale by the insider?

No. The filing shows a $0 transaction with an explanatory note that DSUs automatically accrued on RSUs and that 401(k) purchases were exempt, indicating compensation-related accruals rather than market trades.

How many shares are held indirectly through a 401(k) plan?

The filing discloses 2,134.14 shares held indirectly by the reporting person through the company 401(k) plan.

What does the filing say about fractional share settlement?

The filing states that pursuant to the 2020 Stock Incentive Plan, fractional shares will be settled in cash.

Who signed the Form 4 and when?

The form was signed by /s/ Robert M. Wolfe, as attorney-in-fact on 09/26/2025.