Form 4: Vertiv Holdings Co: Eric M. Johnson Reports Changes in Beneficial Ownership

Eric M. Johnson, Chief Accounting Officer of Vertiv Holdings Co, reports changes in beneficial ownership of Class A Common Stock due to dividend-equivalent stock unit accrual and 401(k) plan transactions.

Summary

• On December 19, 2024, Eric M. Johnson, Chief Accounting Officer of Vertiv Holdings Co, reported changes in beneficial ownership.
• The changes include the acquisition of 0.38 shares of Class A Common Stock due to automatic accrual of dividend-equivalent stock units (DSUs) on restricted stock units (RSUs) at a price of $0.
• Johnson also indirectly owns 43.35 shares of Class A Common Stock through the company's 401(k) plan.
• Following the reported transactions, Johnson beneficially owns 1,319.11 shares, including RSUs and DSUs.
• The DSUs will vest on the same schedule as the underlying RSUs, and fractional shares will be settled in cash according to the 2020 Stock Incentive Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The accrual of dividend-equivalent stock units (DSUs) indicates continued investment in the company's stock by its executives.
• Participation in the 401(k) plan demonstrates confidence in the company's long-term performance.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company executives.

Stakeholder Impact

• Shareholders are informed about the stock transactions of a key executive.
• Employees participating in the 401(k) plan are indirectly affected by the plan's stock transactions.

Key Dates