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

Sentiment:

SEC Form 4 Filing


Stephanie L. Gill, Chief Legal Counsel & Secretary of Vertiv Holdings Co, reports changes in beneficial ownership of Class A Common Stock due to dividend equivalent accruals and 401(k) plan acquisitions.

Summary

  • On March 27, 2025, Stephanie L. Gill, Chief Legal Counsel & Secretary of Vertiv Holdings Co, reported changes in her beneficial ownership of the company's Class A Common Stock.
  • She acquired 9.64 shares through the automatic accrual of dividend-equivalent stock units (DSUs) on her restricted stock units (RSUs) at a price of $0.
  • These 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.
  • Gill also reported owning 27,449.22 shares, including shares, RSUs, and DSUs.
  • Additionally, she indirectly owns 1,865.43 shares through the company's 401(k) plan, which are exempt from reporting requirements.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment.

Positives

  • The accrual of dividend-equivalent stock units (DSUs) on restricted stock units (RSUs) is a positive aspect of the company's 2020 Stock Incentive Plan for its executives.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company executive, as required by the SEC. It provides transparency to investors regarding insider transactions.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
03/27/2025Date of the earliest transaction reported: acquisition of Class A Common Stock and accrual of dividend-equivalent stock units.
03/28/2025Date of signature for the report.

Keywords

beneficial ownership, Form 4, Vertiv Holdings Co, Stephanie L. Gill, Class A Common Stock, dividend-equivalent stock units, restricted stock units, 401(k) plan, securities, VRT

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