Beneteau Lesley 4

What Happened

• Lesley Beneteau, SVP and CHRO of Veralto (VLTO), was granted a total of 12,385 restricted stock units (RSUs) on March 1, 2026. The filing shows two entries: 2,823 shares and 9,562 derivative shares, each reported at $0.00 (no cash paid at grant). These are compensation awards, not open-market purchases or sales.

Key Details

• Transaction date: 2026-03-01; Filing date: 2026-03-03 (appears filed within the Form 4 timeliness window).
• Reported amounts: 2,823 shares @ $0.00 and 9,562 derivative RSUs @ $0.00; total = 12,385 RSUs.
• Vesting: Footnote F1 — RSUs payable solely in common stock; one-half vest on the 3rd anniversary and one-half on the 4th anniversary of the grant (i.e., vesting in two equal tranches after year 3 and year 4).
• Footnote F2 notes an option vesting schedule (one-half exercisable on each of the 3rd and 4th anniversaries), but no option exercise or option grant is shown in these transactions.
• Shares owned following the reported transactions: not specified in the provided filing excerpt.
• Transaction type: Award/Grant (code A). This is a compensation grant — routine insider award, not an indicator of buying or selling in the open market.

Context

• RSU grants are common executive compensation and convert to actual shares only upon vesting; the 9,562 "derivative" RSUs will become common stock when they vest per the schedule above. Because these are compensation awards (not purchases), they should be interpreted as part of pay/retention, not a direct bullish market signal.