Form 4: Vertiv Holdings Co: Executive Winther Karsten Reports Dividend Equivalent Stock Unit Accrual

Karsten Winther, President of EMEA at Vertiv Holdings Co, reports the automatic accrual of dividend-equivalent stock units (DSUs) on restricted stock units (RSUs) as of September 26, 2024.

Summary

• On September 26, 2024, Karsten Winther, President of EMEA at Vertiv Holdings Co, reported a transaction involving Class A Common Stock.
• The transaction involved the automatic accrual of 1.38 dividend-equivalent stock units (DSUs) on the reporting person's restricted stock units (RSUs) at a price of $0.
• These DSUs will vest on the same schedule as the underlying RSUs.
• Fractional shares will be settled in cash, according to the 2020 Stock Incentive Plan.
• Following the reported transaction, Winther beneficially owns 10,543.29 shares, including shares, RSUs, and DSUs.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding executive compensation, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and holdings, and is typical for publicly traded companies.

Stakeholder Impact

• The accrual of DSUs has a minor impact on shareholders as it is part of the executive compensation plan.

Key Dates