Vertiv Holdings Co·4

Mar 30, 8:43 PM ET

Armul Scott 4

Research Summary

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Vertiv (VRT) Chief Product & Tech Officer Armul Scott Receives Award

What Happened

  • Armul Scott, Chief Product and Technology Officer at Vertiv Holdings Co (VRT), was granted 5.55 stock units on March 26, 2026. The reported transaction is an award/grant (code A) of 5.55 units at $0.00 (reported acquisition value $0).
  • These units reflect dividend-equivalent stock units (DSUs) that automatically accrued on underlying restricted stock units (RSUs); they will vest on the same schedule as the underlying RSUs. Per the 2020 Stock Incentive Plan, any fractional shares will be settled in cash.

Key Details

  • Transaction date: 2026-03-26; Filing date (accession): 2026-03-30.
  • Reported grant: 5.55 units at $0.00; reported total consideration $0.
  • Shares owned after transaction: not specified in the provided excerpt of the filing.
  • Notable footnotes:
    • F1: DSUs automatically accrued on RSUs; DSUs vest with the RSUs; fractional shares settled in cash.
    • F2: Aggregation note — counts may include shares, RSUs and DSUs.
    • F3: Notes certain shares acquired under the company 401(k) plan in exempt transactions.
  • Timeliness: Filing shows the Form 4 was submitted March 30 for a March 26 transaction (filed four days after the transaction). The record provided does not include a late-filing flag; check the full filing for any timeliness disclosure.

Context

  • This was a compensation award, not an open-market purchase or sale. Awards of RSUs/DSUs are common executive compensation and do not by themselves indicate buying or selling sentiment.
  • Fractional-unit settlement in cash means the 0.55 portion will be paid out rather than issued as a fractional share per the plan terms.