Honeycutt Jennifer 4
Research Summary
AI-generated summary
Veralto (VLTO) CEO Jennifer Honeycutt Receives RSU Award
What Happened
- Jennifer Honeycutt, President, CEO and Director of Veralto Corporation (VLTO), was granted a total of 118,216 restricted stock units (RSUs) on March 1, 2026. The filing shows two grant line items: 26,943 shares reported as acquired at $0.00 and 91,273 reported as a derivative grant at $0.00 (total = 118,216 RSUs). Because these are awards (not purchases or sales), there was no cash exchange reported.
Key Details
- Transaction date: March 1, 2026; Form 4 filed March 3, 2026.
- Grant amounts and price: 26,943 shares @ $0.00 (direct RSUs) and 91,273 shares @ $0.00 (derivative RSUs), total 118,216 RSUs.
- Vesting/exercise notes: Footnote F1 states the RSUs are payable solely in common stock; one-half vests on the 3rd anniversary and one-half on the 4th anniversary of the grant (March 1, 2026). Footnote F2 notes a similar third- and fourth-year schedule for options becoming exercisable.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Timeliness: Form 4 was filed two days after the grant date (appears to be within the standard Section 16 reporting window).
Context
- RSU grants are compensation/retention awards rather than open-market purchases; they do not by themselves signal immediate buying or selling intent. The derivative line indicates the award is subject to vesting and will be settled in common stock when vested.