4Filed Mar 1, 7:00 PM ET

Vertiv (VRT) EVP Anders Karlborg Exercises Options and Sells Shares

$VRT · Vertiv Holdings Co

Research Summary

AI-generated summary of this SEC filing

Updated

Vertiv (VRT) EVP Anders Karlborg Exercises Options and Sells Shares

What Happened
Anders Karlborg, EVP (Managing, Logistics and Op Ex) of Vertiv Holdings Co (VRT), exercised a total of 30,487 stock options and immediately sold the same number of shares in open-market transactions on February 26, 2026. He paid about $791,577 to exercise the options (five tranches) and received gross proceeds of approximately $7,527,885 from four separate open-market sales (30,487 shares), for a gross net difference of roughly $6.74M before taxes/fees. These exercises relate to option grants from 2022–2024 that had vested per the filing footnotes.

Key Details

  • Transaction date: 2026-02-26.
  • Options exercised (acquired) — totals and exercise cash paid:
    • 4,783 shares @ $14.49 = $69,306 (F7)
    • 9,823 shares @ $11.25 = $110,509 (F8)
    • 6,080 shares @ $15.84 = $96,307 (F9)
    • 4,047 shares @ $24.87 = $100,649 (F10)
    • 5,754 shares @ $72.09 = $414,806 (F11)
    • Total exercised: 30,487 shares; total cash paid ≈ $791,577.
  • Open-market sales (disposed) — shares, weighted-average prices and proceeds:
    • 10,290 shares; WAP $245.17; proceeds ≈ $2,522,799 (range $245.00–$245.91) (F1)
    • 7,500 shares; WAP $246.54; proceeds ≈ $1,849,050 (range $246.35–$246.94) (F2)
    • 3,350 shares; WAP $247.66; proceeds ≈ $829,661 (range $247.43–$248.20) (F3)
    • 9,347 shares; WAP $248.89; proceeds ≈ $2,326,375 (range $248.54–$249.10) (F4)
    • Total sold: 30,487 shares; gross proceeds ≈ $7,527,885.
  • The filing shows matching “disposed” entries for the exercised derivatives (N/A price), indicating shares were surrendered/settled as part of the option exercises or immediately sold.
  • Post-transaction beneficial ownership: not provided in the supplied details — see the Form 4 filing for total shares/units held after these transactions.
  • Notable footnotes: F7–F11 describe original option grants and vesting schedules (grants from 2022–2024). F1–F4 describe trade price ranges and weighted averages and state the reporting person can provide per-price breakdown on request.

Context
This was an exercise of vested stock options followed by same-day open-market sales (common “cashless” or sell-to-cover behavior). Such transactions generally convert option value to cash and do not necessarily indicate a change in view about the company; they often reflect liquidity needs or routine option monetization. The file does not indicate a 10b5-1 plan or explicit tax-withholding details in the provided excerpts — consult the full Form 4 text for any additional procedural notes.