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Vertiv Holdings Co·4

Jun 26, 4:10 PM ET

Armul Scott 4

Research Summary

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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.