Giordano Albertazzi, Chief Executive Officer at Vertiv Hldgs (NYSE:VRT), reported a large exercise of company stock options on March 12, according to a new SEC filing.
What Happened: The latest Form 4 filing on Tuesday with the U.S. Securities and Exchange Commission uncovered Albertazzi, Chief Executive Officer at Vertiv Hldgs, exercising stock options for 0 shares of VRT. The total transaction was valued at $0.
As of Tuesday morning, Vertiv Hldgs shares are up by 5.76%, with a current price of $70.86. This implies that Albertazzi's 0 shares have a value of $0.
About Vertiv Hldgs
Vertiv Holdings Co brings together hardware, software, analytics and ongoing services to ensure its customers vital applications run continuously, perform optimally and grow with their business needs. The company solves the important challenges faced by data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Its services include critical power, thermal management, racks and enclosures, monitoring and management, and other services. Its three business segments include the Americas, Asia Pacific; and Europe, Middle East & Africa.
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