Form 4: Vertiv Holdings Co: Officer Ryan Paul Reports Stock Transaction
SEC Form 4 Filing
Chief Procurement Officer Ryan Paul reports the automatic withholding of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 28, 2024, Ryan Paul, Chief Procurement Officer of Vertiv Holdings Co, had 4.05 shares of Class A Common Stock withheld by the issuer to cover tax obligations related to the vesting and settlement of restricted stock units (RSUs).
- Following the transaction, Paul directly owns 14,608.21 shares, which includes shares, RSUs, and dividend-equivalent stock units (DSUs).
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing detailing a standard tax withholding transaction. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax withholding.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of stock transaction (tax withholding). |
| 04/01/2024 | Date of signature for the report. |
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