Form 4: Vertiv Holdings Co: Executive Stephanie L. Gill Reports Changes in Beneficial Ownership

Stephanie L. Gill, Chief Legal Counsel & Secretary of Vertiv Holdings Co, reports acquisition of Class A Common Stock and dividend-equivalent stock units, as well as transactions in the company's 401(k) plan.

Summary

• On March 28, 2024, Stephanie L. Gill, Chief Legal Counsel & Secretary of Vertiv Holdings Co, reported changes in beneficial ownership.
• Gill acquired Class A Common Stock through the automatic accrual of dividend-equivalent stock units (DSUs) on restricted stock units (RSUs) at a price of $7.05 per share.
• The reporting person acquired 1,734.22 shares of Class A Common Stock through the Company's 401(k) plan.
• Following the reported transactions, Gill beneficially owns 27,420.92 shares of Class A Common Stock, which includes shares, RSUs, and DSUs.
• Gill also indirectly owns shares through a 401(k) plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing represents routine transactions related to executive compensation and 401(k) plan participation. There is no indication of unusual or concerning activity.

Positives

• The acquisition of shares through the 401(k) plan indicates confidence in the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be a signal to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates