Veralto (VLTO) Director Daniel Comas Receives Restricted Stock Award
$VLTO · Veralto CorpResearch Summary
AI-generated summary of this SEC filing
Veralto (VLTO) Director Daniel Comas Receives Restricted Stock Award
What Happened
Daniel L. Comas, a director of Veralto Corp (VLTO), was granted equity awards on July 15, 2026: 1,099 restricted shares and a derivative award for 3,553 restricted stock units (total 4,652). Both awards were recorded at $0.00 per share (awards, not purchases), so no cash changed hands in this filing.
Key Details
- Transaction date: July 15, 2026; Form 4 filed July 17, 2026 (not marked late).
- Awards: 1,099 shares (restricted stock) and 3,553 derivative restricted stock units; reported at $0.00 per share.
- Shares owned after the transaction: not disclosed in the provided filing.
- Footnotes:
- F1: The RSUs vest on the earlier of the first anniversary of the grant or the next annual shareholders’ meeting, but the underlying shares aren’t issued until the earlier of the director’s death or the first date of the seventh month after the director’s retirement from the Board.
- F2: Notes that options granted to non-employee directors are fully vested as of grant date (no option exercise shown in this filing).
- Filing timeliness: Form filed July 17, 2026 for a July 15 transaction; not indicated as late.
Context
These entries are awards/grants (A), not purchases or sales, so they don’t reflect an immediate market buy/sell signal. The 3,553-unit entry is a derivative RSU grant — the director will only receive the underlying shares upon the specified issuance events in F1 (death or certain post-retirement timing). For retail investors, equity grants to directors are common for compensation and retention; they increase insider share exposure but do not represent an outlay or liquidity event.