Rowen Kathryn K. 4
Research Summary
AI-generated summary
Vontier EVP Kathryn Rowen Receives Award of 1,895 Notional Shares
What Happened
- Kathryn K. Rowen, EVP, Chief Transformation & Operations Officer of Vontier Corp (VNT), was credited with 1,895.37 notional shares on 2026-03-24 as an award/acquisition under the company’s Executive Deferred Incentive Program (EDIP). The award is valued at $36.93 per share for a total reported value of $69,996. This is a derivative award (not an open-market purchase or sale).
Key Details
- Transaction date and price: 2026-03-24 at $36.93 per notional share (total $69,996).
- Transaction type/code: Award/other acquisition (A). These are derivative, notional shares credited to the EDIP Stock Fund.
- Shares owned after transaction: Not reported on the Form 4.
- Footnotes: F1–F3 state the amount represents unfunded, notional shares in the EDIP Stock Fund (priced using the prior business day’s NYSE close), the notional shares convert on a 1:1 basis to common stock, and the reporting person is vested in these contributions; the EDIP Stock Fund is settled in common stock upon termination.
- Filing timeliness: Form 4 filed 2026-03-25 for a 2026-03-24 transaction (filed promptly).
Context
- These are deferred-compensation notional shares, not an open-market buy/sale. Such awards reflect compensation deferral and will convert to actual shares (1:1) per the EDIP terms, typically upon settlement or termination. They are routine compensation mechanics and should not be interpreted as an immediate bullish or bearish trading signal.