Vertiv (VRT) CEO Giordano Albertazzi Gifts 118,523 Shares

What Happened

• Giordano Albertazzi, CEO of Vertiv Holdings Co. (VRT), reported a gift of 118,523 Class A common shares on September 8, 2026. The shares were disposed with no consideration (price $0.00), i.e., transferred as a bona fide gift to a trust for immediate family benefit. The filing specifically excludes other Vertiv securities (RSUs, DSUs and options) from this gift.

Key Details

• Transaction date and type: 2026-09-08 — Gift (code G) of 118,523 shares at $0.00.
• Consideration/Value to reporting person: $0 (no cash received).
• Recipient: a trust established for the benefit of the reporting person’s immediate family; Cone Marshall Trustees (Italia) S.r.l. serves as trustee (see footnote F1).
• Shares owned after transaction: not specified in the excerpted details; the filing separately reports other equity interests (RSUs/DSUs and multiple option grants).
• Notable footnotes:
  • F1: Confirms the transfer was a bona fide gift to a family trust and excluded RSUs/DSUs/options.
  • F2–F11: Detail numerous outstanding option grants and RSU/DSU holdings; the footnotes list many option tranches totaling over ~2.3 million options across multiple grant dates with various vesting schedules.
• Filing timeliness: Form 4 is dated and filed for the same transaction date (Sept 8, 2026), indicating a timely report.

Context

• Gifts are non-market transfers for estate or family planning and do not necessarily signal the insider’s view of the company’s prospects. This transaction did not involve a sale for cash or an exercise of options; the reporting person did not receive proceeds.
• For retail investors, purchases by insiders generally carry more interpretive weight than gifts or routine transfers. The filing does show substantial outstanding option grants and equity awards for the CEO (see footnotes), which affects potential future insider selling if/when those awards vest.