Form 4: Vertiv Holdings Co: Executive Lim Cheryl H.J. Reports Changes in Beneficial Ownership

Chief Human Resources Officer Cheryl H.J. Lim reports changes in beneficial ownership of Vertiv Holdings Co stock, including dividend equivalent accruals and 401(k) plan acquisitions.

Summary

• On June 26, 2024, Cheryl H.J. Lim, Chief Human Resources Officer of Vertiv Holdings Co, reported changes in her beneficial ownership of the company's stock.
• These changes include the accrual of 3.6 dividend-equivalent stock units (DSUs) on restricted stock units (RSUs).
• Lim also indirectly owns 868.29 shares of Class A Common Stock through the company's 401(k) plan.
• Following the reported transactions, Lim beneficially owns 16,394.87 shares, RSUs, and DSUs of Vertiv Holdings Co.
• 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 regulatory filing, and the sentiment is neutral.

Positives

• The accrual of dividend-equivalent stock units suggests a continued investment in the company's long-term performance by its executives.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure related to executive compensation and holdings, and it doesn't provide significant insight into broader industry trends.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates