4/A: Vertiv Holdings CIO Amends Stock Option Expiration Date in SEC Filing

Vertiv Holdings Co's Chief Information Officer, Michael Giresi, filed an amended Form 4 to correct a clerical error regarding the expiration date of 6,657 stock options.

Summary

• An amended Form 4 (Form 4/A) was filed by Michael Giresi, the Chief Information Officer of Vertiv Holdings Co (VRT).
• The purpose of this amendment is to correct a clerical error in the expiration date of a previously reported stock option award.
• The original Form 4 was filed on July 1, 2025, and the amendment was filed on July 2, 2025.
• The award consists of 6,657 stock options with an exercise price of $128.41.
• These stock options are scheduled to vest as to 25% on each of the first four anniversaries of July 15, 2025.
• The corrected expiration date for these stock options is June 30, 2035.

Sentiment

Score: 5

Explanation: The document is a routine administrative amendment to correct a clerical error in a previously filed Form 4. It has no material positive or negative implications for the company's financial health or operations.

Future Outlook

NA

Industry Context

This filing is a company-specific administrative correction related to an executive's equity compensation and does not provide insights into broader industry trends or competitive landscape.

Stakeholder Impact

• Minimal impact on shareholders as this is a clerical correction to an existing equity award disclosure.

Key Dates

Keywords

Vertiv Holdings Co, VRT, SEC Form 4/A, Stock Options, Beneficial Ownership, Michael Giresi, Chief Information Officer, Equity Compensation, Clerical Error