Liotine Joseph T. 4

What Happened

• Joseph T. Liotine, CEO of Versigent PLC (VGNT), was granted/received 109,714 Issuer restricted stock unit awards (RSUs) on/recorded 2026-04-02. No per-share price or cash value is reported on the Form 4 because these are award/conversion RSUs rather than an open-market trade.

Key Details

• Transaction date: 2026-04-02; Form 4 filed 2026-04-06 (appears timely).
• Transaction type: A = Award/Grant (conversion of prior Aptiv RSU award).
• Shares recorded: 109,714 Issuer RSU Awards. No dollar amount or per-share price listed (N/A).
• Shares owned after transaction: Not specified in the supplied filing.
• Important footnotes:
  • F1: On April 1, 2026 Aptiv completed a distribution of Versigent ordinary shares to Aptiv shareholders.
  • F2: Under an Employee Matters Agreement and Versigent’s 2026 LTIP, prior Aptiv RSU awards were equitably converted into Versigent RSU awards using a formula based on Aptiv’s post-distribution close and Versigent’s two-day VWAP after listing.
  • F3–F4: The listed 109,714 represents the Issuer RSU Awards received on conversion and includes ordinary shares received in the distribution; the Issuer RSUs are subject to the Versigent 2026 LTIP and generally keep substantially the same vesting/restrictions as the original Aptiv RSUs.

Context

• This was a conversion of previously held Aptiv RSUs into Versigent RSUs tied to the corporate distribution/spin-off, not a market purchase or sale. Such converted RSUs typically retain prior vesting conditions and don’t represent a cash transaction or immediate market sentiment.