Skeete Bernard M 4
Research Summary
AI-generated summary
Veralto (VLTO) CAO Bernard Skeete Receives 255-Share Award
What Happened
Bernard M. Skeete, Chief Accounting Officer of Veralto Corporation (VLTO), was granted 255 notional shares on February 5, 2026. The Form 4 records this as an award/acquisition (derivative interest) at $0.00 per share — the shares represent a company contribution into Veralto's deferred compensation stock fund rather than an open-market purchase.
Key Details
- Transaction date: February 5, 2026; filing date: February 6, 2026 (appears timely).
- Transaction type/code: A (award/acquisition), derivative interest, 255 shares, $0.00 per share as reported.
- Shares owned after transaction: Not reported in the information provided in this filing.
- Footnotes of note:
- Company annual contribution to the Veralto stock fund for the reporting person's deferred compensation account; contributions are treated as unfunded, notional shares as of Feb 2, 2026 (F1).
- Notional shares convert on a one-for-one basis (F2).
- The 255 shares reflect ECP Match and ECP Nonelective contributions (F3).
- Vesting, distribution timing and form follow the company's deferred compensation program rules (see the company's proxy/ Schedule 14A) (F4).
Context
These are not currently tradable shares but notional awards under a deferred compensation plan and are subject to the plan's vesting and distribution rules. Such routine employer contributions are common and do not necessarily signal insider buying or selling intent.