Form 4: Vertiv Holdings Co: Executive Eric M. Johnson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Eric M. Johnson, Chief Accounting Officer of Vertiv Holdings Co, reports changes in beneficial ownership, including the accrual of dividend-equivalent stock units and shares acquired through the company's 401(k) plan.
Summary
- On March 27, 2025, Eric M. Johnson, Chief Accounting Officer of Vertiv Holdings Co, reported changes in beneficial ownership of the company's stock.
- These changes include the automatic accrual of 0.58 dividend-equivalent stock units (DSUs) on restricted stock units (RSUs).
- 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.
- Johnson also reported owning 1,319.69 shares of Class A Common Stock directly, including RSUs and DSUs.
- Additionally, 46.75 shares were acquired indirectly through the company's 401(k) plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports routine transactions by an insider. There is no indication of positive or negative sentiment towards the company's performance.
Positives
- The accrual of dividend-equivalent stock units suggests continued investment in the company's equity by its executives.
- The acquisition of shares through the 401(k) plan indicates employee participation in the company's success.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. They are closely watched by investors for signals about management's confidence in the company's prospects.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- Employees participating in the 401(k) plan are indirectly impacted by the company's stock performance.
Key Dates
| Date | Description |
|---|---|
| 03/27/2025 | Date of the reported transaction. |
| 03/28/2025 | Date of signature for the report. |
Keywords
beneficial ownership, Vertiv Holdings Co, Form 4, Eric M. Johnson, stock units, 401(k) plan, securities, RSUs, DSUs
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