Form 4: Vertiv Holdings Co: Officer Cui Yibin Edward Reports Acquisition of Stock Units Through Dividend Equivalents
SEC Form 4
Vertiv Holdings Co officer Cui Yibin Edward reports the acquisition of stock units through dividend equivalents on restricted stock units.
Summary
- On September 26, 2024, Cui Yibin Edward, President Greater China at Vertiv Holdings Co, reported a transaction involving Class A Common Stock.
- The transaction involved the automatic accrual of dividend-equivalent stock units (DSUs) on the reporting person's restricted stock units (RSUs).
- Fractional shares will be settled in cash, according to the terms of the 2020 Stock Incentive Plan.
- Following the reported transaction, Cui Yibin Edward beneficially owns 19,453.34 shares, including shares, RSUs, and DSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock ownership and doesn't convey any particularly positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves the routine accrual of dividend equivalents on existing restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 09/26/2024 | Date of transaction: automatic accrual of dividend-equivalent stock units (DSUs) on restricted stock units (RSUs). |
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