Vertiv (NYSE: VRT) CIO receives 7,985 stock options vesting over four years
Rhea-AI Filing Summary
Vertiv Holdings Co reported that Chief Information Officer Michael Giresi received a grant of 7,985 stock options for Class A common stock. The options have an exercise price of $241.78 per share and expire in 2036.
The options will vest in four equal 25% installments on each of the first four anniversaries of March 15, 2026, meaning the award is structured as long-term, time-based compensation tied to continued service.
Positive
- None.
Negative
- None.
Insights
Routine stock option grant to Vertiv’s CIO as long-term pay.
This filing shows Vertiv’s Chief Information Officer receiving 7,985 stock options with a $241.78 exercise price, expiring in 2036. The award appears to be standard equity compensation rather than an open-market transaction, since no purchase price was paid at grant.
The options vest 25% per year on each of the first four anniversaries of March 15, 2026, encouraging multi‑year retention. There are no indications of sales, tax withholdings, or 10b5‑1 trading plans in this filing, so the immediate market signal is limited.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 7,985 | $0.00 | -- |
Footnotes (1)
- [object Object]
FAQ
What did Vertiv (VRT) disclose about Michael Giresi’s latest equity award?
Vertiv disclosed that Chief Information Officer Michael Giresi received a grant of 7,985 stock options. These options allow him to buy Class A common shares at a fixed exercise price, aligning part of his compensation with Vertiv’s future stock performance over the long term.
How many stock options did Vertiv’s CIO receive in this Form 4 filing?
The Form 4 shows a grant of 7,985 stock options to Vertiv’s CIO. Each option relates to one share of Class A common stock, giving him potential future ownership if the options vest and are exercised at or above the set exercise price.
What is the exercise price of the Vertiv (VRT) stock options granted to the CIO?
The options were granted with an exercise price of $241.78 per share. This means Giresi can purchase Vertiv Class A common stock at $241.78 if he exercises the options after they vest and before they expire in 2036, subject to plan terms.
How do the Vertiv CIO’s stock options vest according to the Form 4?
The options vest in four equal installments of 25% each year. Vesting occurs on the first, second, third, and fourth anniversaries of March 15, 2026, rewarding continued service by gradually making more of the 7,985 options exercisable over time.
When do the newly granted Vertiv (VRT) stock options expire?
The stock options granted to Vertiv’s CIO expire on March 6, 2036. If they are not exercised by that expiration date, they lapse. The long duration gives a substantial window for potential exercise if vesting and stock performance conditions are met.
Does this Vertiv Form 4 show any insider stock sales by the CIO?
No stock sales are reported in this Form 4. The filing only records an acquisition of 7,985 stock options as a compensation grant, with no corresponding sale, gift, or tax‑withholding transaction disclosed for the Chief Information Officer in this specific report.