Vertiv Holdings Co·4

Mar 2, 8:02 PM ET

Karlborg Anders 4

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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.