Giresi Michael 4
Research Summary
AI-generated summary
Vertiv (VRT) CIO Michael Giresi Sells 1,363 Shares
What Happened Michael Giresi, Chief Information Officer of Vertiv Holdings Co (VRT), had 1,363 shares disposed (withheld) to satisfy tax obligations upon vesting/settlement of restricted stock units. The disposition is reported as a tax-withholding transaction (code F) at $172.54 per share, totaling approximately $235,172.
Key Details
- Transaction date: 2026-01-15; Report filed: 2026-01-20.
- Transaction type/code: F — withholding of shares to cover tax liability on RSU/DSU vesting.
- Shares/price/value: 1,363 shares at $172.54 each; total ≈ $235,172.
- Shares owned after transaction: not provided in the supplied filing excerpt.
- Notable footnotes:
- F1: Automatic issuer withholding to satisfy the reporting person's tax obligation on RSU/DSU vesting; fractional shares are settled in cash per the 2020 Stock Incentive Plan.
- F2: Indicates inclusion of shares in reported totals.
- F3: Notes shares acquired under the company's 401(k) plan that are exempt from reporting.
- No indication in this summary that the filing was part of a 10b5-1 plan.
Context This was a routine tax-withholding disposition tied to RSU/DSU settlement (a common, non-market-directed action) rather than an open-market sale or a purchase signal. Such withholdings are standard to cover tax liabilities and do not necessarily reflect the insider's view on company prospects.