Vontier Corp·4

Feb 18, 4:39 PM ET

Shimp Paul V. 4

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Vontier VP Paul Shimp Receives 4,100 RSU Award

What Happened

  • Paul V. Shimp, Vice President and Chief Accounting Officer of Vontier Corp (VNT), was granted 4,100 restricted stock units (RSUs) on 2026-02-16 (award code A). Prior to that vesting event, 632 shares were disposed on 2026-02-13 to satisfy tax withholding (code F) at $41.79 per share, generating $26,411. The RSU grant is reported with a $0 purchase price (standard for awards).

Key Details

  • Transactions:
    • 2026-02-13: 632 shares disposed to cover tax withholding (code F) at $41.79 — proceeds $26,411.
    • 2026-02-16: 4,100 restricted stock units granted (code A) — reported value $0 on the Form 4 (approx. market value ≈ $171,339 if priced at $41.79/share).
  • Shares owned after transaction: Not specified in the information provided.
  • Footnote: RSUs vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued employment (F1).
  • Timeliness: The Form 4 was filed on 2026-02-18. The 2/16 award was reported within the SEC’s typical 2-business-day window; the 2/13 withholding sale was reported on 2/18, which is after the usual 2-business-day reporting deadline.

Context

  • The 4,100 RSUs are an award, not an open-market purchase; they vest over time (three annual installments) and therefore do not represent immediate buying pressure. The 632-share disposition is a routine tax-withholding action (code F), commonly used to satisfy tax liabilities when equity awards vest or are settled, and should not be read as a discretionary sale for cash.