Ostermann Douglas R 4

What Happened

• Douglas R. Ostermann, Chief Financial Officer of Versigent PLC (VGNT), was credited with 126,104 shares on April 2, 2026. The filing reports these as an award/acquisition (A) and lists no per‑share price or aggregate dollar value (N/A).
• This was not an open‑market buy or sale but the conversion/issuance of restricted stock unit awards tied to a corporate distribution and plan conversion, so it is neither a typical bullish purchase nor a sale.

Key Details

• Transaction date: April 2, 2026; Form 4 filed April 6, 2026 (timely — within the two business‑day reporting window).
• Price reported: N/A (conversion/award rather than a cash transaction); aggregate value not reported in the filing excerpt.
• Shares received: 126,104 Issuer Ordinary Shares reported as Issuer RSU Awards. Shares owned after the transaction are not specified in the provided excerpt.
• Notable footnotes:
  • F1: On April 1, 2026 Aptiv completed a distribution of Versigent shares to Aptiv shareholders.
  • F2–F3: Existing Aptiv RSU awards were equitably converted into Versigent RSU awards under an Employee Matters Agreement and the Versigent 2026 LTIP, using a conversion fraction based on post‑distribution prices/volume‑weighted prices.
  • F4: The amount includes ordinary shares received in the Aptiv distribution.

Context

• These are converted/converted RSU awards tied to a corporate distribution (Aptiv’s distribution of Versigent shares) and retain substantially the same vesting conditions and restrictions that applied to the original Aptiv RSUs, per the LTIP and Employee Matters Agreement.
• Because this is an award/conversion (not a purchase or sale), it does not by itself signal insider buying or selling sentiment; it documents the mechanics of the spinoff/distribution and award conversion.