Vertiv Holdings Co·4

Mar 2, 8:01 PM ET

DOKKUM JAN VAN 4

4 · Vertiv Holdings Co · Filed Mar 2, 2026

Research Summary

AI-generated summary of this filing

Updated

Vertiv (VRT) Director Jan van Dokkum Exercises Options, Sells Shares

What Happened
Jan van Dokkum, a director of Vertiv Holdings Co (VRT), exercised 38,647 stock options at $20.56 per share (cost ~ $794,582) on 2026-02-26 and sold a total of 77,294 shares that same day. The open‑market sales consisted of 22,989 shares at a weighted average price of $254.49 (proceeds ~$5,850,471) and 15,658 shares at a weighted average price of $255.42 (proceeds ~$3,999,366). The filing also shows the 38,647 shares acquired on exercise were disposed (reported as a derivative disposition at the $20.56 option price). Open‑market sale proceeds sum to roughly $9.85 million. This was an exercise-plus-sale transaction (exercise of options followed by sales), which is often a cashless exercise and sale.

Key Details

  • Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (appears timely).
  • Option exercise: 38,647 options exercised at $20.56 (total cost ~$794,582).
  • Open‑market sales: 22,989 shares at weighted avg $254.49 (range $254.00–$254.99 per F2); 15,658 shares at weighted avg $255.42 (range $255.04–$255.84 per F3).
  • Reported gross proceeds from the two open‑market blocks: ~$9.85M. The exercised shares were also reported as disposed (derivative disposition) in the filing.
  • Ownership after transaction: not specified in the details provided in this summary.
  • Footnotes: F1 notes reported shares are held by Mr. and Mrs. van Dokkum as tenants in common. F2/F3 provide price ranges and weighted averages and offer to supply per‑price sale breakdowns on request. F4–F8 describe the grant dates and vesting schedules for various option awards referenced in the filing.

Context

  • This was an option exercise with same‑day sales (a cashless or sell‑to‑cover pattern): the insider exercised vested options and sold shares the same day—common for exercising compensation awards to cover costs/taxes or to take gains.
  • Sales are routine insider transactions and do not by themselves indicate company performance; purchases are typically more informative about insider confidence.
  • The filing contains standard vesting details for past option grants; nothing in the filing indicates a 10% owner filing or a gift/award separate from the exercised options.

Insider Transaction Report

Form 4
Period: 2026-02-26
Transactions
  • Exercise/Conversion

    Class A Common Stock

    [F1]
    2026-02-26$20.56/sh+38,647$794,58263,647 total
  • Sale

    Class A Common Stock

    [F2][F1]
    2026-02-26$254.49/sh22,989$5,850,47140,658 total
  • Sale

    Class A Common Stock

    [F3][F1]
    2026-02-26$255.42/sh15,658$3,999,36625,000 total
  • Exercise/Conversion

    Stock Option

    [F4]
    2026-02-26$20.56/sh38,647$794,5820 total
    Exercise: $20.56Exp: 2031-02-04Class A Common Stock (38,647 underlying)
Holdings
  • Stock Option

    [F5]
    Exercise: $11.50Exp: 2032-03-03Class A Common Stock (38,647 underlying)
    38,647
  • Stock Option

    [F6]
    Exercise: $15.84Exp: 2033-03-07Class A Common Stock (30,000 underlying)
    30,000
  • Stock Option

    [F7]
    Exercise: $72.09Exp: 2034-03-07Class A Common Stock (15,000 underlying)
    15,000
  • Stock Option

    [F8]
    Exercise: $85.04Exp: 2035-03-07Class A Common Stock (15,000 underlying)
    15,000
Footnotes (8)
  • [F1]Reported shares shown are held by Mr. Joseph van Dokkum and Mrs. Lynn van Dokkum, as tenants in common.
  • [F2]The trade was executed in a series of transactions with a price range of $254.00 to $254.99, inclusive, with a weighted average price of $254.49. The reporting person undertakes to provide to Vertiv Holdings Co, any security holder of Vertiv Holdings Co, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote and in footnote 3.
  • [F3]The trade was executed in a series of transactions with a price range of $255.04 to $255.84, inclusive, with a weighted average price of $255.42.
  • [F4]Consists of 38,647 stock options granted on February 4, 2021, which vested as to 9,662 on each of February 4, 2022, February 4, 2023 and February 4, 2024, and as to 9,661 on February 4, 2025.
  • [F5]Consists of 38,647 stock options granted on March 3, 2022, which vested as to 9,661 on March 3, 2023 and as to 9,662 on each of March 3, 2024 and March 3, 2025, and which will vest as to 9,662 on March 3, 2026.
  • [F6]Consists of 30,000 stock options granted on March 7, 2023, which vested as to 7,500 on each of March 15, 2024 and March 15, 2025, and which will vest as to 7,500 on each of March 15, 2026 and March 15, 2027.
  • [F7]Consists of 15,000 stock options granted on March 7, 2024, which vested as to 3,750 on March 15, 2025, and which will vest as to 3,750 on each of March 15, 2026, March 15, 2027 and March 15, 2028.
  • [F8]Consists of 15,000 stock options granted on March 7, 2025, which will vest as to 3,750 on each of March 15, 2026, March 15, 2027, March 15, 2028 and March 15, 2029.
Signature
/s/ Eric Boxterman, as attorney-in-fact|2026-03-02

Documents

1 file
  • 4
    es260745122_4-dokkum.xmlPrimary

    OWNERSHIP DOCUMENT