Vinci Sharon 4
Research Summary
AI-generated summary
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.