Form 4: Vertiv Holdings Co: Executive Scott Armul Reports Changes in Beneficial Ownership
SEC Form 4 Filing
EVP Scott Armul reports a transaction involving Vertiv Holdings Co Class A Common Stock due to tax obligations upon vesting and settlement of restricted stock units.
Summary
- On March 3, 2025, Scott Armul, EVP of Global Portfolio/Business Units at Vertiv Holdings Co, reported changes in beneficial ownership of Class A Common Stock.
- The transaction involved the withholding of 582 shares at $85.41 to cover tax obligations related to the vesting and settlement of restricted stock units (RSUs) and dividend-equivalent stock units (DSUs).
- Following the transaction, Armul directly owns 17,053.99 shares, including shares, RSUs, and DSUs.
- Additionally, Armul indirectly owns 1,969.82 shares through the company's 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily reflects internal compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction involving Class A Common Stock. |
| 03/05/2025 | Date of signature by attorney-in-fact. |
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