Vontier (VNT) EVP Kathryn Rowen gains 1,895 notional EDIP stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vontier Corp executive Kathryn K. Rowen received a compensation-related award under the company’s Executive Deferred Incentive Program (EDIP). On this Form 4, she acquired 1,895.370 notional shares in the Vontier Stock Fund, based on a reference price of $36.93 per notional share.
The EDIP stock fund units are unfunded, notional shares that convert into common stock on a one-to-one basis and are settled in Vontier common stock after employment ends. Following this award, her EDIP stock fund balance is 11,902.048 notional shares, all held as direct ownership. This is a grant/award acquisition, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rowen Kathryn K.
Role
EVP Chief Transf. & Op Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Vontier Stock Fund | 1,895.37 | $36.93 | $70K |
Holdings After Transaction:
Executive Deferred Incentive Program - Vontier Stock Fund — 11,902.048 shares (Direct)
Footnotes (1)
- Compensation deferred or contributed into the Issuer's stock fund (the "EDIP Stock Fund") under Issuer's Executive Deferred Incentive Program (the "EDIP") is deemed to be invested in a number of unfunded, notional shares of the Issuer's common stock based on the closing price of such common stock as reported on the NYSE on the date of the business day preceding the date such compensation is credited to the EDIP Stock Fund, which closing price is shown in Table II, Column 8. The notional shares convert on a one-to-one basis. The Reporting Person is vested in all contributions to the EDIP Stock Fund. Upon termination of employment, the EDIP Stock Fund is settled in Issuer common stock.
FAQ
What did Vontier (VNT) executive Kathryn K. Rowen report on this Form 4?
Kathryn K. Rowen reported a compensation-related acquisition of 1,895.370 notional shares in Vontier’s Executive Deferred Incentive Program stock fund. These units track Vontier’s common stock value and are part of her deferred compensation, not an open-market stock purchase.
How many EDIP stock fund units does Kathryn K. Rowen hold after this transaction at Vontier (VNT)?
After this transaction, Kathryn K. Rowen holds 11,902.048 notional shares in the Vontier Stock Fund. These units are deemed invested in Vontier common stock and will be settled in actual shares when her employment terminates, according to the plan’s terms.