Vertiv CEO adds dividend-equivalent stock units
Vertiv Holdings Co Chief Executive Officer Giordano Albertazzi reported a small automatic equity award.
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Rhea-AI Filing Summary
Vertiv Holdings Co Chief Executive Officer Giordano Albertazzi reported a small automatic equity award. He acquired 9.53 shares of Class A common stock in the form of dividend-equivalent stock units credited on his existing restricted stock units under the 2020 Stock Incentive Plan. These dividend-equivalent units vest on the same schedule as the underlying RSUs, and any fractional shares will be settled in cash. Following this routine accrual, his direct holdings, including shares, RSUs and DSUs, total 166,110.61 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 9.53 | $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
DSUs financial
RSUs financial
2020 Stock Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Vertiv (VRT) CEO Giordano Albertazzi report?
What are dividend-equivalent stock units (DSUs) in Vertiv’s Form 4?
Was the Vertiv (VRT) CEO’s Form 4 transaction an open-market buy or sale?
How significant is the Vertiv CEO’s new stock unit accrual compared to his holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.