Armul Scott 4

What Happened

• Armul Scott, Vertiv's Chief Product and Tech Officer, was granted a derivative award covering 17,111 shares on 2026-03-06. The filing reports an acquisition price of $0.00 (no cash exchanged) and classifies the grant as a derivative security (stock option award).

Key Details

• Transaction date: 2026-03-06; reported acquisition price: $0.00.
• Shares/units granted: 17,111 (derivative securities).
• Shares owned after transaction: not reported in the provided extract.
• Footnote: The options will vest 25% on each of the first four anniversaries of March 15, 2026.
• Filing: Form 4 filed 2026-03-10 — within the two-business-day reporting window (timely).

Context

• This was a grant of derivative securities (stock options), not an open-market purchase or sale; no shares were sold or bought on the market as part of this transaction.
• Vesting over four years means Scott must remain employed through the vesting dates to realize the award; the grant itself does not necessarily indicate immediate buying or selling intent.