Form 4: Vertiv Holdings Director Transfers Shares to Community Property Trust

Sentiment:

SEC Form 4 Filing


Director Steven Reinemund transferred shares of Vertiv Holdings Co Class A common stock to The Reinemund Community Property Trust on March 7, 2024.

Summary

  • On March 7, 2024, Steven Reinemund, a director of Vertiv Holdings Co, transferred 133,333 shares of Class A common stock from the 2017 Steven S. Reinemund GRAT to The Reinemund Community Property Trust.
  • The reporting person and Gail T. Reinemund are the trustees and beneficiaries of The Reinemund Community Property Trust, maintaining indirect beneficial ownership of the securities.
  • Following the transaction, the Reinemund Community Property Trust directly holds 35,000 shares and indirectly holds 333,333 shares.
  • As of the date of the Form 4 filing, the transferred securities have not been sold and remain held by The Reinemund Community Property Trust.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding a share transfer. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a standard disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

  • The transfer of shares may have a minor impact on shareholders, but is unlikely to be significant.

Key Dates

DateDescription
03/07/2024Date of the share transfer from the 2017 Steven S. Reinemund GRAT to The Reinemund Community Property Trust.
03/11/2024Date of signature on the Form 4 filing.

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