MONSER EDWARD L 4
4 · Vertiv Holdings Co · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Vertiv (VRT) Director Edward Monser Sells Shares After Option Exercise
What Happened
- Edward L. Monser, a director of Vertiv Holdings Co. (VRT), exercised stock options to acquire 77,294 shares (two exercises of 38,647 shares each) and sold the same 77,294 shares in multiple open‑market transactions on March 6, 2026.
- Exercise costs: 38,647 shares @ $12.05 = $465,696 and 38,647 shares @ $20.56 = $794,582 (total exercise cost ≈ $1,260,278). Sale proceeds: multiple trades at prices ranging roughly $239.34–$250.46, totaling approximately $18.97 million in gross proceeds.
- These sales are routine insider sales (dispositions) rather than purchases; the exercised shares were immediately sold, effectively a cash‑out of vested option value.
Key Details
- Transaction date: March 6, 2026; Form 4 filed March 9, 2026 (reporting date matches filing).
- Option exercises: 77,294 shares acquired via exercise (transaction code M); options were fully vested as of the date (footnote F15).
- Open‑market sales: 77,294 shares sold in multiple trades at prices from about $239.34 to $250.46 across many lots; aggregated proceeds ≈ $18.97M.
- Net share change: 0 (acquired 77,294 via exercise and disposed of 77,294 via sale).
- Notable footnotes: sales were automatically effected under a Rule 10b5‑1 trading plan adopted Dec 5, 2025 (F1). Several footnotes (F2–F13) group sales into price ranges; the filer will provide a price‑by‑price breakdown on request. F14 notes some securities are held by the reporting person’s spouse.
- Filing timeliness: filing date is March 9, 2026 for transactions on March 6, 2026; no late‑filing flag was provided in the supplied data.
Context
- This was an exercise of options followed by immediate sales (common "exercise-and-sell" or cash‑out). The economics: modest exercise cost ($1.26M) vs. large sale proceeds ($19.0M).
- The trades were executed under a pre‑arranged 10b5‑1 plan, which typically schedules sales at predetermined times/levels and reduces the likelihood the sales reflect contemporaneous insider sentiment.
- For retail investors: purchases generally carry more direct informational weight than planned sales; these transactions largely converted vested option value into cash under an automated plan.
Insider Transaction Report
Form 4
MONSER EDWARD L
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2026-03-06$12.05/sh+38,647$465,696→ 55,147 total - Exercise/Conversion
Class A Common Stock
2026-03-06$20.56/sh+38,647$794,582→ 93,794 total - Sale
Class A Common Stock
[F1][F2]2026-03-06$239.34/sh−1,700$406,878→ 92,094 total - Sale
Class A Common Stock
[F1][F3]2026-03-06$240.47/sh−3,600$865,692→ 88,494 total - Sale
Class A Common Stock
[F1][F4]2026-03-06$241.62/sh−12,127$2,930,126→ 76,367 total - Sale
Class A Common Stock
[F1][F5]2026-03-06$242.20/sh−4,714$1,141,731→ 71,653 total - Sale
Class A Common Stock
[F1][F6]2026-03-06$243.56/sh−2,200$535,832→ 69,453 total - Sale
Class A Common Stock
[F1][F7]2026-03-06$244.56/sh−2,067$505,506→ 67,386 total - Sale
Class A Common Stock
[F1][F8]2026-03-06$245.65/sh−10,269$2,522,580→ 57,117 total - Sale
Class A Common Stock
[F1][F9]2026-03-06$246.60/sh−13,306$3,281,260→ 43,811 total - Sale
Class A Common Stock
[F1][F10]2026-03-06$247.64/sh−10,162$2,516,518→ 33,649 total - Sale
Class A Common Stock
[F1][F11]2026-03-06$248.56/sh−12,758$3,171,128→ 20,891 total - Sale
Class A Common Stock
[F1][F12]2026-03-06$249.58/sh−2,491$621,704→ 18,400 total - Sale
Class A Common Stock
[F1][F13]2026-03-06$250.46/sh−1,900$475,874→ 16,500 total - Exercise/Conversion
Stock Option (Right to Buy)
[F15]2026-03-06−38,647→ 0 totalExercise: $12.05Exp: 2030-02-07→ Class A common stock (38,647 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
[F15]2026-03-06−38,647→ 0 totalExercise: $20.56Exp: 2031-02-07→ Class A common stock (38,647 underlying)
Holdings
- 918(indirect: See Footnote)
Class A Common Stock
[F14]
Footnotes (15)
- [F1]These transactions were automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person on December 5, 2025.
- [F10]These shares were sold in multiple transactions ranging from $247.14 to $248.13.
- [F11]These shares were sold in multiple transactions ranging from $248.14 to $249.13.
- [F12]These shares were sold in multiple transactions ranging from $249.14 to $250.10.
- [F13]These shares were sold in multiple transactions ranging from $250.18 to $251.10.
- [F14]Reflects securities held directly by the Reporting Person's spouse.
- [F15]The stock options were fully vested as of the date of the transactions reported herein.
- [F2]These shares were sold in multiple transactions ranging from $238.92 to $239.78. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, and the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote and in footnotes 2 through 13, inclusive.
- [F3]These shares were sold in multiple transactions ranging from $239.97 to $240.94.
- [F4]These shares were sold in multiple transactions ranging from $241.01 to $242.00.
- [F5]These shares were sold in multiple transactions ranging from $242.01 to $242.79.
- [F6]These shares were sold in multiple transactions ranging from $243.04 to $244.00.
- [F7]These shares were sold in multiple transactions ranging from $244.04 to $245.01.
- [F8]These shares were sold in multiple transactions ranging from $245.13 to $246.12.
- [F9]These shares were sold in multiple transactions ranging from $246.13 to $247.12.
Signature
/s/ Eric Boxterman, as attorney-in-fact|2026-03-09