Skeete Bernard M 4
Research Summary
AI-generated summary
Veralto (VLTO) CAO Bernard M. Skeete Receives RSUs & Options
What Happened
- Bernard M. Skeete, Chief Accounting Officer of Veralto Corporation, received equity awards on March 1, 2026: 1,369 restricted stock units (RSUs) and a derivative award of 4,637 option-type units. These grants are reported at $0 (no cash purchase). On February 27, 2026 he disposed of 103 shares at $97.43 each (total ≈ $10,035) to satisfy an exercise price or tax liability (transaction code F).
Key Details
- Transaction dates and prices:
- 2026-02-27: Disposed 103 shares at $97.43 each — proceeds ≈ $10,035 (code F: payment of exercise price or tax liability).
- 2026-03-01: Granted 1,369 RSUs (reported as acquisition at $0).
- 2026-03-01: Granted 4,637 derivative awards (reported as acquisition at $0; footnote indicates these are options).
- Vesting/terms (footnotes):
- F1: RSUs (1,369) are payable in common stock and vest 25% on each of the first four anniversaries of the March 1, 2026 grant date.
- F2: Options (4,637) vest 25% on each of the first four anniversaries of the March 1, 2026 grant date.
- Shares owned after transaction: not specified in the provided excerpt of the Form 4—see the full filing for total beneficial ownership.
- Filing timeliness: Form 4 filed March 3, 2026. Transactions on Feb 27 and Mar 1 were reported within the typical two-business-day window and appear timely.
Context
- The 103-share disposal was for tax/price payment (code F), not an open-market sale, so it’s a routine withholding rather than an indication of negative sentiment.
- The RSU and option grants are standard equity compensation that vest over four years; awarded value is not immediate cash and does not represent a purchase (not a bullish insider buy).