Form 4: Vertiv Holdings Co: Officer Ryan Paul Reports Stock Transactions
SEC Form 4 Filing
Chief Procurement Officer Ryan Paul reports the automatic withholding of 1,151 Class A Common Stock shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On April 8, 2024, Ryan Paul, Chief Procurement Officer of Vertiv Holdings Co, had 1,151 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).
- The withholding occurred at a price of $84.15 per share.
- Following the transaction, Paul's beneficial ownership of Vertiv Holdings Co stock totaled 13,456.85 shares, including shares, RSUs, and dividend-equivalent stock units (DSUs).
Sentiment
Score: 5
Explanation: This is a neutral filing regarding stock transactions related to executive compensation and tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to an individual officer's tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/08/2024 | Date of stock transaction (tax withholding). |
| 04/10/2024 | Date of signature on the Form 4 filing. |
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