David M. Cote - 10 Mar 2025 Form 4 Insider Report for Vertiv Holdings Co (VRT)

Reporting relationship: Executive Chairman, Director
Issuer ticker: VRT
Reported as of: 10 Mar 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 11 Mar 2025, 20:00:42 UTC
Prior SEC filing: 11 Mar 2025
Next SEC filing: 09 Dec 2025
Source filing: View source filing
Reporting owner signature: /s/ Eric Broxterman, as attorney-in-fact

Key filing fact

David M. Cote filed Form 4 for Vertiv Holdings Co (VRT) on 11 Mar 2025.

Key facts

This page summarizes David M. Cote's Form 4 filing for Vertiv Holdings Co (VRT).
8 reported transactions and 9 derivative rows are listed below.
Accepted by SEC: 11 Mar 2025, 20:00.

Change

Previous filing in this sequence was filed on 11 Mar 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VRT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 62,258
Date: 10 Mar 2025
Ownership: See Footnote
Footnotes: F1

VRT holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 200
Date: 10 Mar 2025
Ownership: See Footnote
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VRT transaction Derivative

Stock Option

Gift

Transaction value
Shares: -115,942
Change %: -100%
Price
Shares after: 0
Date: 10 Mar 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 115,942
Exercise price: $12.05
Footnotes: F3, F4, F5

VRT transaction Derivative

Stock Option

Gift

Transaction value
Shares: +115,942
Change %
Price
Shares after: 115,942
Date: 10 Mar 2025
Ownership: See Footnote
Underlying class: Class A Common Stock
Underlying amount: 115,942
Exercise price: $12.05
Footnotes: F3, F4, F5

VRT transaction Derivative

Stock Option

Gift

Transaction value
Shares: -115,942
Change %: -100%
Price
Shares after: 0
Date: 10 Mar 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 115,942
Exercise price: $20.56
Footnotes: F3, F4, F5

VRT transaction Derivative

Stock Option

Gift

Transaction value
Shares: +115,942
Change %
Price
Shares after: 115,942
Date: 10 Mar 2025
Ownership: See Footnote
Underlying class: Class A Common Stock
Underlying amount: 115,942
Exercise price: $20.56
Footnotes: F3, F4, F5

VRT transaction Derivative

Stock Option

Gift

Transaction value
Shares: -86,956
Change %: -75%
Price
Shares after: 28,986
Date: 10 Mar 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 86,956
Exercise price: $11.50
Footnotes: F3, F4, F5

VRT transaction Derivative

Stock Option

Gift

Transaction value
Shares: +86,956
Change %
Price
Shares after: 86,956
Date: 10 Mar 2025
Ownership: See Footnote
Underlying class: Class A Common Stock
Underlying amount: 86,956
Exercise price: $11.50
Footnotes: F3, F4, F5

VRT transaction Derivative

Stock Option

Gift

Transaction value
Shares: -25,000
Change %: -25%
Price
Shares after: 75,000
Date: 10 Mar 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 25,000
Exercise price: $15.84
Footnotes: F3, F4, F5

VRT transaction Derivative

Stock Option

Gift

Transaction value
Shares: +25,000
Change %
Price
Shares after: 25,000
Date: 10 Mar 2025
Ownership: See Footnote
Underlying class: Class A Common Stock
Underlying amount: 25,000
Exercise price: $15.84
Footnotes: F3, F4, F5

VRT holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 50,000
Date: 10 Mar 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 50,000
Exercise price: $72.09
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Reflects securities held directly by the Reporting Person's spouse.

Footnote F2

Reflects securities held directly by David M. Cote 2018 Revocable Trust, of which the Reporting Person is the trustee.

Footnote F3

The Reporting Person holds an aggregate of 497,826 stock options, including (i) 115,942 stock options granted on February 7, 2020, which vested as to 28,985 on February 7, 2021, 28,986 on February 7, 2022, 28,985 on February 7, 2023, and 28,986 on February 7, 2024 (the "2020 Vested Options"), (ii) 115,942 stock options granted on February 4, 2021, which vested as to 28,986 on each of February 4, 2022 and February 4, 2023, 28,985 on February 4, 2024, and 28,985 on February 4, 2025 (the "2021 Vested Options"), (iii) 115,942 stock options granted on March 3, 2022, which vested as to 28,985 on each of March 3, 2023 and March 3, 2024, and 28,986 on March 3, 2025 (the "2022 Vested Options"), and which will vest as to 28,986 on March 3, 2026, (cont'd in FN4)

Footnote F4

(cont'd from FN3) (iv) 100,000 stock options granted on March 7, 2023, which vested as to 25,000 on March 15, 2024 (the "2023 Vested Options," and together with the 2020 Vested Options, the 2021 Vested Options and the 2022 Vested Options, the "Fully Vested Options"), and which will vest as to 25,000 on each of March 15, 2025, March 15, 2026 and March 15, 2027, and (v) 50,000 stock options granted to the reporting person on March 7, 2024, which will vest as to 12,500 on each of March 15, 2025, March 15, 2026, March 15, 2027 and March 15, 2028. No exercises with respect to the stock options are being reported in this Form 4.

Footnote F5

The Reporting Person previously directly beneficially owned these options. On March 10, 2025, the Reporting Person gifted the Fully Vested Options to a grantor retained annuity trust (the "trust"), of which the Reporting Person is the trustee and annuitant and over which securities the Reporting Person maintains indirect beneficial ownership. As of the date of this Form 4, these options have not been exercised and remain held by the trust.