Form 4: Vertiv Holdings Co: EVP Anders Karlborg Reports Changes in Beneficial Ownership
SEC Form 4 Filing
EVP Anders Karlborg reports changes in beneficial ownership of Vertiv Holdings Co stock, including the accrual of dividend-equivalent stock units.
Summary
- On September 26, 2024, Anders Karlborg, EVP, Man., Logistics and Op Ex of Vertiv Holdings Co, reported changes in beneficial ownership of the company's stock.
- The reported transaction involves the automatic accrual of dividend-equivalent stock units (DSUs) on restricted stock units (RSUs).
- The DSUs will vest on the same schedule as the underlying RSUs.
- Fractional shares will be settled in cash, according to the 2020 Stock Incentive Plan.
- Following the reported transaction, Karlborg beneficially owns 22,501.91 shares, including shares, RSUs, and DSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to changes in beneficial ownership, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, which is common for publicly traded companies. It provides transparency into the holdings of company insiders.
Key Dates
| Date | Description |
|---|---|
| 09/26/2024 | Date of the reported transaction (accrual of dividend-equivalent stock units). |
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