Armul Scott 4

What Happened Armul Scott, Vertiv’s Chief Product and Technology Officer, was granted 4,744 shares as a performance-based award (code A) on 2026-02-12. The shares were recorded at $0.00 (no cash paid); the award was earned after completion of the performance period through December 31, 2025. These restricted stock units (RSUs) are scheduled to vest on January 1, 2027, subject to continued service and the award agreement terms. This is an award/grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-12; Report filed: 2026-02-17 (filing appears late versus the typical 2-business-day Form 4 deadline).
• Shares granted: 4,744 RSUs; reported acquisition price: $0.00; total cash value shown: $0.
• Shares owned after transaction: not disclosed in the provided filing details.
• Footnotes:
  • F1: Award represents shares earned from a prior performance-based grant for the period through 12/31/2025; RSUs vest 1/1/2027, subject to continued service.
  • F2: Aggregate counts may include shares, RSUs and dividend-equivalent stock units (DSUs).
  • F3: Relates to shares acquired under the company 401(k) plan (exempt transactions) and is not the primary transaction here.
• Transaction code: A = Award/Grant.

Context RSUs are a deferred equity award: they were earned based on performance and will convert into actual shares (or share equivalents) when they vest, typically subject to continued employment. This grant does not represent an immediate cash purchase or sale and should be viewed as compensation-related equity rather than a direct insider market signal. The late filing may be a compliance issue to note for record-keeping and regulatory timeliness.