Vinci Sharon 4
4 · Versigent PLC · Filed Apr 6, 2026
Research Summary
AI-generated summary of this filing
Versigent (VGNT) CPO Sharon Vinci Receives 42,283-Share Award
What Happened Sharon Vinci, Chief People Officer of Versigent PLC, received 42,283 Issuer restricted stock unit awards (reported as an acquisition/award). No per-share price or cash value is shown (price listed as N/A) because these awards resulted from a conversion of prior Aptiv RSUs following a corporate distribution.
Key Details
- Transaction date: April 2, 2026 (report filed April 6, 2026). Filing appears timely (no late filing indicated).
- Transaction type: A = Award/Grant (conversion of RSUs), 42,283 shares acquired; price: N/A.
- Shares owned after transaction: not specified in the Form 4 excerpt provided.
- Relevant footnotes:
- F1: Aptiv completed a distribution of Versigent ordinary shares on April 1, 2026.
- F2: Under an Employee Matters Agreement and the Aptiv LTIP, pre-distribution Aptiv RSU awards were equitably converted into Versigent (Issuer) RSU awards using a conversion formula tied to Aptiv closing price and early Issuer VWAP.
- F3: The Issuer RSU Awards are governed by the Versigent PLC 2026 LTIP and generally keep the same vesting/terms as the original Aptiv RSUs.
- F4: The reported amount includes ordinary shares received in the Aptiv distribution.
Context This was not an open-market buy or sale but an award/conversion tied to Aptiv’s corporate distribution and an internal LTIP conversion formula. Such converted RSUs are typically subject to existing vesting schedules and other restrictions; the transaction does not, by itself, indicate a voluntary purchase or sale by the insider.
Insider Transaction Report
- Award
Ordinary shares, par value $0.01 per share
[F1][F2][F3][F4]2026-04-02+42,283→ 42,857 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.