Form 4: Vertiv Holdings CIO Michael Giresi Awarded Over 9,500 Equity Units
Insider Transaction Report
Vertiv Holdings Co's Chief Information Officer, Michael Giresi, was granted 2,943 restricted stock units and 6,657 stock options as part of the company's incentive plan.
Summary
- Michael Giresi, Chief Information Officer of Vertiv Holdings Co (VRT), was awarded 2,943 restricted stock units (RSUs) on June 30, 2025.
- These RSUs were granted pursuant to the 2020 Stock Incentive Plan of Vertiv Holdings Co and its Affiliates.
- The 2,943 RSUs will vest 100% on January 15, 2026.
- Additionally, Giresi was awarded 6,657 stock options on June 30, 2025, with an exercise price of $128.41 per share.
- The stock options will vest as to 25% on each of the first four anniversaries of July 15, 2025.
- Following these transactions, Michael Giresi beneficially owns 2,943 Class A Common Stock shares directly and 6,657 derivative stock options directly.
Sentiment
Score: 7
Explanation: The document reports a standard equity compensation grant to a key executive, which is generally viewed positively as it aligns management's interests with shareholders and incentivizes long-term performance. It does not contain any negative or unexpected information.
Positives
- The equity awards align the Chief Information Officer's interests with those of the shareholders, incentivizing long-term performance and value creation.
- The grants are part of a structured incentive plan (2020 Stock Incentive Plan), indicating a commitment to executive retention and motivation.
Future Outlook
The document details future vesting schedules for the awarded equity, indicating a continued incentive structure for the Chief Information Officer through January 2026 for RSUs and over four years from July 2025 for stock options.
Industry Context
This filing represents a routine executive compensation event within the technology and infrastructure solutions industry, where equity grants are a common practice to attract, retain, and incentivize key leadership.
Stakeholder Impact
- Shareholders: The equity awards are designed to align the Chief Information Officer's interests with shareholder value creation, potentially leading to improved long-term performance.
- Employees: The compensation structure may serve as a positive signal regarding the company's commitment to retaining key talent and its overall compensation philosophy.
Next Steps
- Vesting of 2,943 restricted stock units on January 15, 2026.
- Phased vesting of 6,657 stock options, with 25% vesting on each of the first four anniversaries of July 15, 2025.
Key Dates
| Date | Description |
|---|---|
| 2025-06-30 | Date of transaction for the award of 2,943 restricted stock units and 6,657 stock options. |
| 2025-07-01 | Date the Form 4 was signed by Robert M. Wolfe, as attorney-in-fact for Michael Giresi. |
| 2025-07-15 | Start date for the vesting schedule of the stock options, with 25% vesting on each of the first four anniversaries. |
| 2026-01-15 | Vesting date for 100% of the 2,943 restricted stock units. |
Keywords
Vertiv Holdings Co, VRT, Michael Giresi, Chief Information Officer, Restricted Stock Units, RSUs, Stock Options, Equity Compensation, Insider Trading, SEC Form 4, Executive Compensation, Incentive Plan
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