Eatroff Robert L 4
Research Summary
AI-generated summary
Vontier Director Robert Eatroff Receives 1,161 Shares
What Happened
Robert L. Eatroff, a director of Vontier Corp (VNT), reported acquisitions totaling 1,161.317 shares through two non-open‑market transactions: 1.317 shares acquired via dividend reinvestment on June 25, 2026 (1.317 @ $30.36, $40), and 1,160 restricted stock units (Deferral RSUs) on June 26, 2026 (1,160 @ $29.13, $33,791). Combined value of the reported transactions is about $33,831. These were awards/deferrals rather than open‑market purchases or sales.
Key Details
- Transaction dates and prices:
- 2026-06-25: 1.317 shares @ $30.36 (value $40) — dividend reinvestment (F1).
- 2026-06-26: 1,160 Deferral RSUs @ $29.13 (value $33,791) based on a 20‑day average (F2).
- Footnotes:
- F1: Shares automatically acquired through a third‑party dividend reinvestment option.
- F2: Deferral RSUs granted in lieu of cash retainer per the reporting person’s deferral election; RSUs are immediately vested but the underlying shares will not be issued until the reporting person’s separation from service.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Form 4 was filed on 2026-06-29, which is within the normal SEC two-business-day reporting window for these transactions.
Context
These transactions are awards/deferrals (code A) rather than purchases on the open market or sales. Deferral RSUs convert compensation that would have been paid in cash into stock units; because the units are payable only in common stock and are vested, they are reported on Form 4 now even though actual share issuance is deferred until separation. Such compensation-related awards are routine and do not necessarily signal the insider’s short‑term view of the stock.