4Filed Jul 27, 8:00 PM ET
Veralto (VLTO) Director Cindy Wallis-Lage Receives 38-Share Award
$VLTO · Veralto CorpResearch Summary
AI-generated summary of this SEC filing
Veralto (VLTO) Director Cindy Wallis-Lage Receives 38-Share Award
What Happened
Cindy L. Wallis-Lage, a director of Veralto Corporation (VLTO), received a grant/award of 38 notional shares on July 24, 2026. The award is reported as a derivative (notional) interest valued at $92.02 per share, for a total value of $3,497 (amounts rounded).
Key Details
- Transaction type: Award/Grant (derivative notional shares under the Non-Employee Directors' Deferred Compensation Plan).
- Transaction date: July 24, 2026; Form 4 filed July 28, 2026 (timely filing).
- Quantity and price: 38 notional shares @ $92.02 each; total $3,497 (rounded).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: This represents a quarterly company contribution to the director’s account under the Non-Employee Director DCP, effectuated July 24, 2026; amounts rounded to whole shares.
- F2: Each notional share converts on a one-for-one basis (i.e., each notional share corresponds to one common share upon conversion/distribution).
- F3: Vesting and distribution are governed by the DCP and the director’s elections; plan details summarized in the company’s proxy (Schedule 14A).
Context
These notional-share grants are routine quarterly company contributions to the director deferred compensation plan and represent an award of future/equivalent stock value rather than an open-market purchase. Such deferred-comp awards are typical for non-employee directors and do not necessarily indicate the director’s near-term trading intentions.