CELIAN JASON 4
4 · Versigent PLC · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
Versigent (VGNT) Chief Accounting Officer Jason Celian Receives Award
What Happened
Jason Celian, Chief Accounting Officer of Versigent PLC, was credited with 2,103 restricted stock unit awards (Issuer RSU Awards) on April 2, 2026. No cash price or dollar value is reported for this award — the RSUs were received as part of a conversion of prior Aptiv RSU awards following Aptiv’s April 1, 2026 distribution.
Key Details
- Transaction type: Award/Grant (code A) — 2,103 Issuer RSU Awards acquired on 2026-04-02. Price: N/A.
- Form filed: SEC Form 4 filed Apr 6, 2026 reporting the Apr 2, 2026 transaction; filing shows no late‑file flag in the provided data.
- Shares owned following transaction: not specified in the filing excerpt provided.
- Footnote highlights:
- F1: Aptiv completed a distribution of Versigent ordinary shares to Aptiv holders on Apr 1, 2026.
- F2: Pre-distribution Aptiv RSU awards were equitably adjusted and converted into Versigent (Issuer) RSU awards using a formula tied to Aptiv closing price and Versigent VWAP after the distribution.
- F3: The Issuer RSU Awards are governed by the Versigent PLC 2026 Long-Term Incentive Plan and generally retain the same vesting conditions as the original Aptiv RSUs.
- F4: The reported amount includes ordinary shares received in connection with the distribution.
Context
This was an administrative conversion/award (not an open-market buy or sale). The reported RSUs were converted from existing Aptiv RSU awards as part of the corporate distribution and plan conversion; such equity award adjustments are standard after spin-offs/distributions and do not by themselves signal insider buying or selling intent.
Insider Transaction Report
- Award
Ordinary shares, par value $0.01 per share
[F1][F2][F3][F4]2026-04-02+2,103→ 2,353 total
Footnotes (4)
- [F1]On April 1, 2026 (the "Distribution Date"), Aptiv PLC ("Aptiv") completed a distribution of all of the ordinary shares, par value $0.01 per share, of the Issuer ("Issuer Ordinary Shares") to holders of ordinary shares of Aptiv ("Aptiv Ordinary Shares") on a pro rata basis (the "Distribution").
- [F2]Under the Employee Matters Agreement, dated March 30, 2026, between Aptiv and Issuer, and the Aptiv Long-Term Incentive Plan (the "LTIP"), each restricted stock unit award with respect to Aptiv Ordinary Shares granted by Aptiv under the LTIP prior to the Distribution Date (each, an "Aptiv RSU Award") was equitably adjusted and converted into a restricted stock unit award with respect to Issuer Ordinary Shares (each, an "Issuer RSU Award"), based on (I) the number of Aptiv Ordinary Shares underlying the Aptiv RSU Award immediately prior to the Distribution and (II) a fraction, the numerator of which is (A) the closing price of an Aptiv Ordinary Share on the New York Stock Exchange ("NYSE") on the trading day immediately after the Distribution Date, and (B) the denominator of which is the two-day volume-weighted average price of an Issuer Ordinary Share on the NYSE during the first and second trading days immediately after the Distribution (the "Award Conversion").
- [F3]Represents Issuer RSU Awards upon the conversion of certain Aptiv RSU Awards held by the Reporting Person as of immediately prior to the Distribution pursuant to the Award Conversion. The Issuer RSU Awards are subject to the terms of the Versigent PLC 2026 Long-Term Incentive Plan and are generally subject to substantially the same terms, vesting conditions and other restrictions as applicable to the related Aptiv RSU Award as of immediately prior to the Distribution.
- [F4]This amount includes Issuer Ordinary Shares received by the Reporting Person in connection with the Distribution.