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 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.