Vertiv executive receives small stock-based award

Vertiv Holdings Co Chief Product and Tech Officer Scott Armul reported routine stock-based compensation activity.

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.

Insider Trade Summary

Grant/Award: 4.54 shares

Grant/Award 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	$0.00
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 32,037 shares (Direct); Class A Common Stock — 2,165.26 shares (Indirect, By 401(k) Plan)

Footnotes (3)

1. 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.
2. F2. Includes shares, RSUs and DSUs.
3. F3. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many Vertiv (VRT) shares does Scott Armul hold after this Form 4?

After the reported transactions, Scott Armul 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, which includes shares, restricted stock units, and dividend-equivalent stock units under Vertiv’s compensation programs.

What is the nature of the 4.54 Vertiv (VRT) shares granted to Scott Armul?

The 4.54 shares represent automatic accrual of dividend-equivalent stock units on Scott Armul’s restricted stock units. These units vest on the same schedule as the underlying RSUs, and any fractional share amounts are settled in cash under Vertiv’s 2020 Stock Incentive Plan provisions.

Are the Vertiv (VRT) shares in Scott Armul’s 401(k) from open-market trades?

The Form 4 states that shares in Scott Armul’s 401(k) account reflect acquisitions under Vertiv’s 401(k) plan in transactions exempt from standard reporting. This means they are plan-driven acquisitions rather than discretionary open-market trades made directly by the executive.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/26/2026 - 04:10 PM Learn about SEC filing dates

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Armul Scott

(Last) (First) (Middle)

C/O VERTIV HOLDINGS CO

505 N. CLEVELAND AVE

(Street)

WESTERVILLE OHIO 43082

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	Chief Product and Tech Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/25/2026		A		4.54(1)	A	$0	32,037(2)	D
Class A Common Stock								2,165.26(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	06/26/2026
	** 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.
* Form 4: SEC 1474 (03-26)