Vertiv (VRT) chief product officer gains additional stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertiv Holdings Co Chief Product and Tech Officer Scott Armul reported routine stock-based compensation activity. He received an automatic grant of 4.54 shares of Class A common stock as dividend-equivalent stock units tied to his existing restricted stock units, with no cash paid per share.
After this award, he directly owns 32,037 shares of Vertiv Class A common stock. He also indirectly holds 2,165.26 shares through the company’s 401(k) plan, where shares are acquired in transactions exempt from normal reporting requirements. These awards vest on the same schedule as the underlying restricted stock units, and any fractional shares are settled in cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Armul Scott
Role
Chief Product and Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 4.54 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 32,037 shares (Direct, null);
Class A Common Stock — 2,165.26 shares (Indirect, By 401(k) Plan)
Footnotes (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.
Key Figures
Dividend-equivalent stock units granted: 4.54 shares
Direct holdings after transaction: 32,037 shares
Indirect 401(k) holdings: 2,165.26 shares
+1 more
4 metrics
Dividend-equivalent stock units granted
4.54 shares
Automatic DSU accrual on RSUs at $0.00 per share
Direct holdings after transaction
32,037 shares
Class A common stock directly owned by Scott Armul
Indirect 401(k) holdings
2,165.26 shares
Class A common stock held via Vertiv 401(k) plan
Grant price per share
$0.00 per share
Dividend-equivalent stock unit award, compensation-related
Key Terms
dividend-equivalent stock units, restricted stock units, 401(k) plan, 2020 Stock Incentive Plan
4 terms
dividend-equivalent stock units financial
"Represents the automatic accrual of dividend-equivalent stock units ("DSUs") on the reporting person's restricted stock units"
Dividend-equivalent stock units are compensation units that track the dividend payments an investor would receive on a share, but are paid to an employee or holder in cash or additional units instead of actual shares. They matter to investors because they represent a company obligation that can affect cash flow and shareholder dilution over time, and they reveal how a company rewards insiders in ways that mimic its dividend policy — like giving a paycheck that follows the company’s dividend stream.
restricted stock units financial
"The DSUs will become vested on the same schedule as the underlying RSUs"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
401(k) plan financial
"Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
2020 Stock Incentive Plan financial
"Pursuant to the terms of the 2020 Stock Incentive Plan, fractional shares will be settled in cash"
FAQ
What insider transaction did Vertiv (VRT) disclose for Scott Armul?
Vertiv disclosed that Chief Product and Tech Officer Scott Armul received 4.54 shares of Class A common stock as a grant of dividend-equivalent stock units. These units are tied to existing restricted stock units and represent routine, compensation-related stock accrual rather than an open-market purchase.
Does this Vertiv (VRT) Form 4 indicate any insider selling by Scott Armul?
No insider selling is reported in this Form 4 for Scott Armul. The filing shows an award of 4.54 shares as dividend-equivalent stock units and an updated 401(k) holding entry, both of which are routine compensation or plan-related, not dispositions of existing shares.