Vertiv Holdings Co·4

Mar 2, 8:02 PM ET

Karlborg Anders 4

4 · Vertiv Holdings Co · Filed Mar 2, 2026

Research Summary

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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.

Insider Transaction Report

Form 4
Period: 2026-02-26
Karlborg Anders
EVP, Man., Logistics and Op Ex
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2026-02-26$14.49/sh+4,783$69,30639,529.22 total
  • Exercise/Conversion

    Class A Common Stock

    2026-02-26$11.25/sh+9,823$110,50949,352.22 total
  • Exercise/Conversion

    Class A Common Stock

    2026-02-26$15.84/sh+6,080$96,30755,432.22 total
  • Exercise/Conversion

    Class A Common Stock

    2026-02-26$24.87/sh+4,047$100,64959,479.22 total
  • Exercise/Conversion

    Class A Common Stock

    2026-02-26$72.09/sh+5,754$414,80665,233.22 total
  • Sale

    Class A Common Stock

    [F1]
    2026-02-26$245.17/sh10,290$2,522,79954,943.22 total
  • Sale

    Class A Common Stock

    [F2]
    2026-02-26$246.54/sh7,500$1,849,05047,443.22 total
  • Sale

    Class A Common Stock

    [F3]
    2026-02-26$247.66/sh3,350$829,66144,083.22 total
  • Sale

    Class A Common Stock

    [F4][F5]
    2026-02-26$248.89/sh9,347$2,326,37534,746.22 total
  • Exercise/Conversion

    Stock Option

    [F7]
    2026-02-264,7834,784 total
    Exercise: $14.49Exp: 2032-04-04Class A Common Stock (4,783 underlying)
  • Exercise/Conversion

    Stock Option

    [F8]
    2026-02-269,8239,823 total
    Exercise: $11.25Exp: 2032-10-03Class A Common Stock (9,823 underlying)
  • Exercise/Conversion

    Stock Option

    [F9]
    2026-02-266,08012,160 total
    Exercise: $15.84Exp: 2033-03-07Class A Common Stock (6,080 underlying)
  • Exercise/Conversion

    Stock Option

    [F10]
    2026-02-264,0478,096 total
    Exercise: $24.87Exp: 2033-07-03Class A Common Stock (4,047 underlying)
  • Exercise/Conversion

    Stock Option

    [F11]
    2026-02-265,75417,263 total
    Exercise: $72.09Exp: 2034-03-07Class A Common Stock (5,754 underlying)
Holdings
  • Class A Common Stock

    [F6]
    (indirect: By 401(k))
    65.75
Footnotes (11)
  • [F1]The trade was executed in a series of transactions with a price range of $245.00 to $245.91, inclusive, with a weighted average price of $245.17. 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 footnotes 2 through 4, inclusive.
  • [F10]Consists of 12,143 stock options granted on July 3, 2023, which vested as to 4,047 on July 15, 2025, and which will vest as to 4,048 on each of July 15, 2026 and July 15, 2027.
  • [F11]Consists of 23,017 stock options granted on March 7, 2024, which vested as to 5,754 on March 15, 2025, and which will vest as to 5,754 on each of March 15, 2026 and March 15, 2027, and as to 5,755 on March 15, 2028.
  • [F2]The trade was executed in a series of transactions with a price range of $246.35 to $246.94, inclusive, with a weighted average price of $246.54.
  • [F3]The trade was executed in a series of transactions with a price range of $247.43 to $248.20, inclusive, with a weighted average price of $247.66.
  • [F4]The trade was executed in a series of transactions with a price range of $248.54 to $249.10, inclusive, with a weighted average price of $248.89.
  • [F5]Includes shares, RSUs and dividend-equivalent stock units ("DSUs").
  • [F6]Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements.
  • [F7]Consists of 9,567 stock options granted on April 4, 2022, which vested as to 4,783 on March 3, 2025, and which will vest as to 4,784 on March 3, 2026.
  • [F8]Consists of 19,646 stock options granted on October 3, 2022, which vested as to 9,823 on October 3, 2025, and which will vest as to 9,823 on October 3, 2026.
  • [F9]Consists of 18,240 stock options granted on March 7, 2023, which vested as to 6,080 on March 15, 2025, and which will vest as to 6,080 on each of March 15, 2026 and March 15, 2027.
Signature
/s/ Robert M. Wolfe, as attorney-in-fact|2026-03-02

Documents

1 file
  • 4
    es260745124_4-karlborg.xmlPrimary

    OWNERSHIP DOCUMENT