Chamberlin Craig 4
Research Summary
AI-generated summary
Vertiv (VRT) CFO Craig Chamberlin Receives Award
What Happened
- Craig Chamberlin, Chief Financial Officer of Vertiv Holdings Co. (VRT), was credited with 1.12 shares as an award (transaction code A) on June 25, 2026. The reported acquisition price is $0.00, resulting in a $0 cash purchase — these are dividend-equivalent stock units (DSUs) automatically accrued on existing RSUs.
Key Details
- Transaction date: 2026-06-25 (Period of Report); Form filed: 2026-06-26.
- Transaction type: Award/accrual (A) of 1.12 DSUs at $0.00.
- Reported monetary value of this specific transaction: $0 (non-cash accrual).
- Shares owned after transaction: not specified in the provided excerpt; filing notes that totals include shares, RSUs and DSUs (see F2).
- Relevant footnotes:
- F1: These 1.12 units represent automatic accruals of dividend-equivalent stock units on the reporting person's RSUs; DSUs vest on the same schedule as the underlying RSUs. Fractional shares will be settled in cash under the 2020 Stock Incentive Plan.
- F2: Totals reported elsewhere include shares, RSUs and DSUs.
- F3: Separately references shares acquired under the company 401(k) plan (exempt transactions).
- Timeliness: Form 4 was filed the day after the report date (appears timely; no late filing flag indicated).
Context
- DSUs are a non-cash, compensation-related accrual that mirror dividend payments on RSUs and vest according to the underlying RSU schedule. This is not an open-market purchase or sale and should be viewed as part of executive compensation mechanics rather than a direct market signal. Fractional units will be paid in cash per plan terms.