Johnson Eric M. 4
Research Summary
AI-generated summary
Vertiv (VRT) Chief Accounting Officer Eric M. Johnson Receives Award
What Happened
- Eric M. Johnson, Chief Accounting Officer of Vertiv Holdings Co (VRT), was granted a derivative equity award of 2,851 shares (reported as a grant/award at $0.00) on March 6, 2026. The grant is reported as a derivative instrument (stock options) rather than a cash purchase or sale.
Key Details
- Transaction date: 2026-03-06 (Form 4 filed 2026-03-10; filing is within the required 2 business-day window).
- Transaction type/code: Award/Grant (reported as "A"); price reported $0.00 (derivative award).
- Quantity: 2,851 shares (stock options).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: F1 — the stock options will vest 25% on each of the first four anniversaries of March 15, 2026 (standard four-year vesting schedule).
Context
- This was an equity grant to an executive, not an open-market purchase or sale. Grants are common as part of compensation packages and do not by themselves indicate buying or selling sentiment. Because these are options with multi-year vesting, they represent future compensation contingent on continued service and possibly performance conditions (if any), rather than an immediate change in share ownership available for sale.