Ostermann Douglas R 4

What Happened Douglas R. Ostermann, Chief Financial Officer of Versigent PLC (VGNT), received an award of 43,438 shares on April 22, 2026. The Form 4 reports the shares were acquired at $0.00 (transaction code A — award/grant), so no cash purchase was recorded in the filing.

Key Details

• Transaction date: 2026-04-22; Form 4 filed: 2026-04-24.
• Transaction type/code: Award/Grant (A).
• Shares acquired: 43,438 at $0.00 per share (total cash consideration reported: $0).
• Shares owned after transaction: Not stated in the provided filing excerpt.
• No 10b5-1 plan, tax withholding, or other footnotes were reported in the information provided.
• Filing appears timely (reported two days after the transaction).

Context

• Grants of company stock to executives are typically compensation (restricted stock, performance awards, or similar) rather than open-market purchases or sales; they don't necessarily indicate the insider is buying shares on a personal conviction basis.
• The Form 4 shows acquisition at $0.00 because the shares were granted; the economic value to the insider and accounting/tax treatment depend on award terms and the company’s disclosures, which would be in the company’s proxy or award agreement, not the Form 4 itself.