Vertiv (VRT) EMEA president receives dividend-equivalent stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ryan Paul reported acquisition or exercise transactions in this Form 4 filing.
Vertiv Holdings Co President, EMEA Ryan Paul received 3.13 shares of Class A Common Stock through a grant of dividend-equivalent stock units. These dividend-equivalent stock units accrued automatically on his existing restricted stock units under Vertiv's 2020 Stock Incentive Plan at no cash cost per share.
After this award, Paul directly holds a total of 19,364.49 shares, including shares, restricted stock units and dividend-equivalent stock units. Under the plan, any fractional shares from these accruals will be settled in cash rather than stock. This reflects routine equity-based compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ryan Paul
Role
President, EMEA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3.13 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 19,364.49 shares (Direct)
Footnotes (1)
- Represents the automatic accrual of dividend-equivalent stock units ("DSUs") on the reporting person's restricted stock units ("RSUs"). The DSUs will become vested on the same schedule as the underlying RSUs. Pursuant to the terms of the 2020 Stock Incentive Plan, fractional shares will be settled in cash. Includes shares, RSUs and DSUs.
Key Figures
Shares granted: 3.13 shares
Price per granted share: $0.0000 per share
Total holdings after transaction: 19,364.49 shares
3 metrics
Shares granted
3.13 shares
Automatic accrual of dividend-equivalent stock units on RSUs
Price per granted share
$0.0000 per share
Grant/award acquisition with no cash cost
Total holdings after transaction
19,364.49 shares
Direct holdings including shares, RSUs and DSUs
Key Terms
dividend-equivalent stock units, restricted stock units, 2020 Stock Incentive Plan, fractional shares
4 terms
dividend-equivalent stock units financial
"Represents the automatic accrual of dividend-equivalent stock units ("DSUs") on the reporting person's restricted stock units"
Dividend-equivalent stock units are compensation units that track the dividend payments an investor would receive on a share, but are paid to an employee or holder in cash or additional units instead of actual shares. They matter to investors because they represent a company obligation that can affect cash flow and shareholder dilution over time, and they reveal how a company rewards insiders in ways that mimic its dividend policy — like giving a paycheck that follows the company’s dividend stream.
restricted stock units financial
"on the reporting person's restricted stock units ("RSUs"). The DSUs will become vested on the same schedule"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Stock Incentive Plan financial
"Pursuant to the terms of the 2020 Stock Incentive Plan, fractional shares will be settled in cash."
FAQ
What insider transaction did Vertiv (VRT) report for Ryan Paul?
Vertiv reported that President, EMEA Ryan Paul acquired 3.13 shares of Class A Common Stock through an automatic grant of dividend-equivalent stock units tied to his existing restricted stock units, with no cash paid per share for this award.
Was Ryan Paul’s Vertiv (VRT) transaction an open-market buy or sell?
The transaction was not an open-market buy or sell. Ryan Paul received 3.13 shares via an automatic grant of dividend-equivalent stock units related to his restricted stock units, classified as a grant or award acquisition under Vertiv’s equity compensation plan.
What are dividend-equivalent stock units in Vertiv’s (VRT) Form 4?
Dividend-equivalent stock units are awards that mirror dividends paid on Vertiv shares by crediting additional stock units to existing restricted stock units. In this filing, 3.13 such units accrued automatically and will vest on the same schedule as the underlying restricted stock units.