Sanghi Anand 4
Research Summary
AI-generated summary
Vertiv (VRT) President Americas Sanghi Anand Receives 3.38-Share Award
What Happened
- Sanghi Anand, President Americas of Vertiv Holdings Co. (VRT), received an award on 2026-06-25 of 3.38 shares reported as an acquisition (grant) at $0.00 per share (total reported value $0).
- The award represents the automatic accrual of dividend-equivalent stock units (DSUs) on underlying restricted stock units (RSUs); these DSUs vest on the same schedule as the underlying RSUs.
Key Details
- Transaction date: 2026-06-25; Report filed: 2026-06-26.
- Transaction type/code: Award/Grant (A).
- Shares/acquired: 3.38 shares; Price per share: $0.00; Reported aggregate value: $0.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes of note:
- F1: DSUs automatically accrued on RSUs; DSUs vest with the RSU schedule. Fractional shares are settled in cash per the 2020 Stock Incentive Plan.
- F2: Indicates the company's reporting may combine shares, RSUs and DSUs in totals.
- F3: Relates to 401(k) plan transactions exempt from reporting and is not directly tied to this grant.
- Timeliness: Filing appears timely (transaction 6/25/2026; Form 4 filed 6/26/2026).
Context
- This was an award (grant of DSUs/RSUs), not an open-market purchase or sale. Grants and dividend-equivalent accruals are typically part of routine compensation and do not by themselves indicate insider buying or selling intent.
- Because fractional shares are settled in cash, the tiny fractional amount here (3.38 shares) will be handled per plan terms rather than resulting in a partial share on record.