Johnson Eric M. 4
Research Summary
AI-generated summary
Vertiv (VRT) Chief Accounting Officer Eric Johnson Receives Award
What Happened
- Eric M. Johnson, Chief Accounting Officer of Vertiv Holdings Co. (VRT), was credited with 0.45 dividend-equivalent stock units (DSUs) on March 26, 2026. The reported acquisition price is $0.00 (award), so the immediate cash value reported is $0.
- These DSUs are dividend equivalents that accrue on Johnson’s restricted stock units (RSUs) and will vest on the same schedule as the underlying RSUs. Per the company plan, any fractional shares (like this 0.45) will be settled in cash.
Key Details
- Transaction date: 2026-03-26; Filing date: 2026-03-30 (Form 4, accession 0001214659-26-004033).
- Transaction type/code: Award/Grant (A); shares acquired: 0.45 at $0.00.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1 — these are automatically accrued DSUs tied to RSUs; fractional shares will be paid in cash. F2 — filing aggregates shares, RSUs and DSUs in ownership totals. F3 — references 401(k) plan holdings exempt from reporting (not directly related to this award).
- No sale or open-market purchase occurred; this was a non-cash award tied to existing RSU holdings.
Context
- DSUs are dividend-equivalent units that increase the economic value of existing RSUs; they are not new market purchases or dispositions and do not by themselves signal a buy/sell decision.
- For retail investors, awards like this are routine compensation-related accruals rather than active trading by the insider.