Vertiv Holdings Co·4

Jun 26, 4:10 PM ET

Johnson Eric M. 4

Research Summary

AI-generated summary

Updated

Vertiv (VRT) Chief Accounting Officer Eric M. Johnson Receives Award

What Happened

  • Eric M. Johnson, Chief Accounting Officer of Vertiv Holdings Co. (VRT), was credited with 0.38 shares on 2026-06-25 as an award/acquisition (reported as an automatic accrual of dividend-equivalent stock units). The transaction price is $0.00 (these are DSUs tied to underlying RSUs), so no cash purchase was made.

Key Details

  • Transaction date: 2026-06-25; Filing date: 2026-06-26 (filed the next day; appears timely).
  • Amount reported: 0.38 shares acquired at $0.00 (award/accrual of DSUs).
  • Shares owned after transaction: not specified in the summary provided; see the Form 4 for total holdings.
  • Footnotes of note:
    • F1: These are dividend-equivalent stock units (DSUs) that accrue automatically on RSUs and vest on the same schedule as the underlying RSUs; fractional shares will be settled in cash under the 2020 Stock Incentive Plan.
    • F2: Reporting aggregation includes shares, RSUs and DSUs.
    • F3: Separately references shares acquired under the company's 401(k) plan (exempt transactions).
  • Transaction code: A (award/acquisition).

Context

  • DSUs are dividend-equivalent units credited to RSU awards; they are not open-market purchases or sales and do not by themselves indicate a buy/sell sentiment.
  • Fractional amounts like 0.38 share are routinely cashed out under the plan rules, per the filing.