Kotzubei Jacob 4
Research Summary
AI-generated summary
Vertiv (VRT) Director Jacob Kotzubei Receives 5,578-Share Award
What Happened
- Jacob Kotzubei, a director of Vertiv Holdings Co (VRT), was granted a derivative award covering 5,578 shares on March 6, 2026. The reported acquisition price is $0.00, indicating a stock option/award grant rather than an open-market purchase or sale. The Form 4 was filed on March 10, 2026.
Key Details
- Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-10)
- Transaction type/code: Grant / Award (derivative)
- Amount: 5,578 shares (derivative interest)
- Price: $0.00 reported at acquisition (no cash paid at grant)
- Vesting: Footnote — options vest 25% on each of the first four anniversaries of March 15, 2026
- Shares owned after transaction: Not specified in the provided excerpt
- Filing timeliness: Reported on March 10 for a March 6 transaction; filing appears timely based on Form 4 rules (no late-filing flag provided)
Context
- This was a grant of a derivative award (stock options) that will vest over four years. Such awards are typically compensation/retention tools and do not represent an immediate purchase or sale of open-market shares. There was no exercise or sale reported — Kotzubei did not receive cash proceeds or sell shares in this filing.