Form 4: Vertiv Holdings Co: Officer Cui Yibin Edward Reports Stock Option Grant
SEC Form 4 Filing
Cui Yibin Edward, President Greater China at Vertiv Holdings Co, reports the acquisition of 13,427 stock options on March 7, 2024.
Summary
- On March 7, 2024, Cui Yibin Edward, President Greater China at Vertiv Holdings Co, reported a transaction involving stock options.
- Cui acquired 13,427 stock options with an exercise price of $72.09.
- These options vest in four equal installments, starting on March 15, 2024.
- The expiration date for these options is March 7, 2034.
- Following the reported transaction, Cui directly owns 13,427 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock option grants, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the holdings and transactions of company executives.
Stakeholder Impact
- The transaction could have a minor impact on shareholders by potentially diluting equity if the options are exercised in the future.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of transaction: Cui Yibin Edward acquired stock options. |
| 03/15/2024 | First vesting date for 25% of the stock options. |
| 03/07/2034 | Expiration date of the stock options. |
| 03/11/2024 | Date of signature on the Form 4 filing. |
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