Armul Scott 4

What Happened

• Armul Scott, Vertiv's Chief Product and Technology Officer, had 511 shares withheld by the company on May 4, 2026 to satisfy tax liabilities related to vesting/settlement of restricted stock units (RSUs)/dividend-equivalent units (DSUs). The withholding price was $330.97 per share, totaling approximately $169,126. The transaction is reported as code "F" (tax withholding).

Key Details

• Transaction date: 2026-05-04; Form 4 filed: 2026-05-06 (timely filing).
• Withheld shares: 511 at $330.97 each; total value ≈ $169,126.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: F1 indicates automatic issuer withholding to cover tax obligations on RSU/DSU vesting; fractional shares are settled in cash. F2 notes the holding types include shares, RSUs and DSUs. F3 references shares acquired under the 401(k) plan (exempt) — not directly related to this withholding.
• Transaction code: F = tax withholding (not an open-market sale).

Context

• This was an issuer withholding to cover taxes on equity compensation (a routine administrative action), not a discretionary open-market sale that would necessarily signal a change in insider sentiment. Such withholdings are common when RSUs/DSUs vest; fractional shares are cashed out per plan rules.