Armul Scott 4
4 · Vertiv Holdings Co · Filed Jun 26, 2026
Research Summary
AI-generated summary of this filing
Vertiv (VRT) Chief Product & Tech Officer Armul Scott Receives Award
What Happened
Armul Scott, Vertiv’s Chief Product and Technology Officer, received an award/acquisition of 4.54 shares on 2026-06-25. The reported price per share is $0.00 and the total reported value is $0, reflecting the automatic accrual of dividend-equivalent stock units (DSUs) tied to restricted stock units (RSUs), not a cash purchase or open-market trade.
Key Details
- Transaction date: 2026-06-25; Filing date: 2026-06-26 (filing appears timely).
- Transaction type: Grant/award/acquisition (code A); 4.54 shares acquired at $0.00.
- Shares owned after transaction: Not specified in the provided excerpt; filing notes total holdings include shares, RSUs and DSUs (see F2).
- Footnotes of note:
- F1: These 4.54 shares represent automatic accrual of dividend-equivalent stock units on RSUs; DSUs vest on the same schedule as the underlying RSUs. Fractional shares will be settled in cash per the 2020 Stock Incentive Plan.
- F2: Holdings totals include shares, RSUs and DSUs.
- F3: Separately references shares acquired under the company 401(k) plan (exempt transactions).
Context
This was an award/accrual of dividend-equivalent units tied to existing RSUs, not a market purchase or sale. Such accruals are routine compensation adjustments and reflect vesting/accounting mechanics rather than an independent buy or sell decision by the insider.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2]2026-06-25+4.54→ 32,037 total
- 2,165.26(indirect: By 401(k))
Class A Common Stock
[F3]
Footnotes (3)
- [F1]Represents the automatic accrual of dividend-equivalent stock units ("DSUs") on the reporting person's restricted stock units ("RSUs"). The DSUs will become vested on the same schedule as the underlying RSUs. Pursuant to the terms of the 2020 Stock Incentive Plan, fractional shares will be settled in cash.
- [F2]Includes shares, RSUs and DSUs.
- [F3]Reflects shares acquired under the Company's 401(k) plan in transactions exempt from reporting requirements.