4Accepted Sep 22, 4:09 PM ET
Versigent (VGNT) Director Kevin P. Clark Receives Award
Accepted (ET)
4:09 PM
Sep 22, 2026
Filed
Sep 22, 2026
Documents
1
Size
5.8 KB
Summary
Versigent (VGNT) Director Kevin P. Clark Receives Award
What Happened
- Kevin P. Clark, a director of Versigent PLC (VGNT), was granted 14.65 derivative shares on September 18, 2026. The Form 4 reports the acquisition as an award (code A) at $0.00 per share, with a reported value of $0.
- This was an award of dividend-equivalent rights tied to restricted stock units (not a cash purchase or open-market trade).
Key Details
- Transaction date: 2026-09-18; Filing date (Form 4): 2026-09-22 (filed 4 days after the transaction).
- Grant: 14.65 dividend-equivalent rights; price per unit reported $0.00; total reported cash value $0.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: Dividend equivalent rights accrued on RSU grants due to a dividend declared and paid by the issuer. These rights vest on the same schedule as the underlying RSUs; each dividend equivalent equals the economic value of one ordinary share.
- Timeliness: The Form 4 was filed four days after the reported transaction date. Form 4s are typically required within two business days of the transaction; late filings reduce immediacy of disclosure.
Context
- This transaction appears to be a compensation-related grant (dividend equivalents on RSUs) rather than a purchase or sale that signals a change in the insider’s market view. Dividend-equivalent awards vest according to the RSU schedule and are essentially supplemental pay tied to share dividends.