Vertiv (VRT) grants Pres. Americas Anand Sanghi 16,913 stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertiv Holdings reported that Pres. Americas Anand Sanghi acquired 16,913 shares of Class A common stock as a grant at $0.00 per share, bringing his direct holdings to 36,361 shares. The grant reflects RSUs earned from a prior performance-based award that will vest on January 1, 2027. He also holds 229.11 shares indirectly through the company’s 401(k) plan as of November 21, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sanghi Anand
Role
Pres. Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 16,913 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 36,361 shares (Direct);
Class A Common Stock — 229.11 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Represents the number of shares determined as earned from a prior grant of a performance-based award following completion of the performance period through December 31, 2025. The resulting restricted stock units ("RSUs") will vest on January 1, 2027, generally subject to the reporting person's continued service and the terms of the award agreement. Includes shares. Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements as of November 21, 2024.
FAQ
What insider transaction did Vertiv (VRT) report for Anand Sanghi?
Vertiv reported that Pres. Americas Anand Sanghi received a grant of 16,913 shares of Class A common stock at no cost. This award stems from a prior performance-based grant and increases his directly held stake in the company.
What is the vesting schedule of Anand Sanghi’s new Vertiv (VRT) award?
The reported 16,913-share grant represents restricted stock units earned from a prior performance-based award. These RSUs are scheduled to vest on January 1, 2027, generally contingent on Sanghi’s continued service and the specific terms of the award agreement.
Is Anand Sanghi’s Vertiv (VRT) stock grant a market purchase or a compensation award?
The transaction is a compensation-related award, not a market purchase. Vertiv classified it as a grant or other acquisition with a per-share price of $0.00, reflecting stock-based compensation tied to earlier performance conditions rather than open-market buying.
What does the Vertiv (VRT) Form 4 reveal about Sanghi’s 401(k) holdings?
The filing notes 229.11 Vertiv shares held indirectly through the company’s 401(k) plan. These shares were acquired in plan transactions exempt from standard reporting requirements and are shown as of November 21, 2024, providing visibility into part of his retirement-related holdings.