Form 4: Vertiv Holdings Co: Executive Poncheri Frank Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Chief Human Resources Officer Frank Poncheri reports changes in beneficial ownership of Vertiv Holdings Co stock, including the accrual of dividend-equivalent stock units.
Summary
- On September 26, 2024, Frank Poncheri, Chief Human Resources Officer of Vertiv Holdings Co, reported changes in his beneficial ownership of the company's stock.
- The changes include the automatic accrual of 3.04 dividend-equivalent stock units (DSUs) on his restricted stock units (RSUs).
- These DSUs will vest on the same schedule as the underlying RSUs and fractional shares will be settled in cash.
- Following the reported transaction, Poncheri's direct ownership includes 10,641.04 shares of Class A Common Stock, which includes RSUs and DSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership, which carries a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies. It provides transparency into the holdings of company insiders.
Key Dates
| Date | Description |
|---|---|
| 09/26/2024 | Date of transaction: automatic accrual of dividend-equivalent stock units. |
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