Form 4: Vertiv Holdings Co Executive Anders Karlborg Reports Acquisition of Stock Units
SEC Form 4
Anders Karlborg, EVP at Vertiv Holdings Co, reports the acquisition of dividend-equivalent stock units (DSUs) related to restricted stock units (RSUs).
Summary
- On June 26, 2024, Anders Karlborg, EVP at Vertiv Holdings Co, reported the acquisition of dividend-equivalent stock units (DSUs).
- These DSUs were accrued automatically on the reporting person's 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 transaction, Karlborg beneficially owns 22,499.77 shares, including shares, RSUs, and DSUs.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation, and does not inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects changes in executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of the transaction (acquisition of dividend-equivalent stock units) |
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