Form 4: Vertiv Holdings Co: Executive Winther Reports Stock Transaction
SEC Form 4
Karsten Winther, President of EMEA at Vertiv Holdings Co, reports a transaction involving Class A Common Stock to cover tax obligations upon vesting of restricted stock units.
Summary
- On April 8, 2024, Karsten Winther, President of EMEA at Vertiv Holdings Co, engaged in a transaction involving Class A Common Stock.
- The transaction involved the disposal of 3,110 shares at a price of $84.15.
- This disposal was due to the automatic withholding by the issuer to satisfy the reporting person's tax obligation upon the vesting and settlement of restricted stock units (RSUs), including dividend-equivalent stock units (DSUs).
- Following the reported transaction, Winther beneficially owns 26,211.26 shares, including shares, RSUs, and DSUs.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions for tax purposes. It doesn't indicate any significant positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among 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 is related to tax obligations of an executive.
Key Dates
| Date | Description |
|---|---|
| 04/08/2024 | Date of stock transaction |
| 04/10/2024 | Date of signature |
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