Vertiv executive granted dividend-equivalent shares
Sanghi Anand reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Sanghi Anand reported acquisition or exercise transactions in this Form 4 filing.
Vertiv Holdings Co executive Anand Sanghi, President of Americas, reported an automatic grant of 3.94 shares of Class A Common Stock as dividend-equivalent stock units on his existing restricted stock units, at no stated cost per share. Following this accrual, his direct holdings, including shares, RSUs and DSUs, total 36,364.94 shares, with an additional 229.16 shares held indirectly through the company’s 401(k) plan in transactions exempt from reporting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3.94 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
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
Key Terms
dividend-equivalent stock units financial
DSUs financial
RSUs financial
2020 Stock Incentive Plan financial
401(k) plan financial
AI-generated analysis. How Rhea-AI works. Not financial advice.