Douglas R. Ostermann, Chief Financial Officer of Versigent PLC, filed a statement of changes in beneficial ownership on September 22, 2026, reporting the acquisition of 480.603 dividend equivalent rights linked to outstanding restricted stock unit grants.

Key Highlights

  • Reporting person: Douglas R. Ostermann, Chief Financial Officer of Versigent PLC (NYSE:VGNT)
  • Security type: Dividend Equivalent Rights, each described as the economic equivalent of one ordinary share of the issuer
  • Acquisition amount: 480.603 dividend equivalent rights acquired on September 18, 2026, at a price of $0.00
  • Ownership following transaction: 480.603 derivative securities beneficially owned directly following the reported transaction
  • Vesting schedule: The rights vest on the same schedule as the underlying restricted stock units to which they relate
  • Trigger: Rights accrued as a result of a dividend declared and paid by the issuer

Versigent CFO's Dividend Equivalent Rights Acquisition Explained

According to the filing, Douglas R. Ostermann, who serves as Chief Financial Officer of Versigent PLC, a company whose ordinary shares trade on the NYSE under the symbol VGNT, received 480.603 dividend equivalent rights on September 18, 2026. The filing reports the transaction code as "A," indicating an acquisition, and states that the price of the derivative security was $0.00. The rights are recorded under Table II as derivative securities beneficially owned directly.

The filing explains that "the dividend equivalent rights accrued on grants of restricted stock units as a result of a dividend declared and paid by the issuer." Each right is described as "the economic equivalent of one share of the issuer's ordinary shares" and carries an underlying title of ordinary shares with an amount of 480.603. The filing further discloses that these rights vest on the same schedule as the restricted stock units to which they relate, meaning they are not immediately freely transferable or exercisable independent of those underlying grants. The form was signed by Janis N. Acosta as attorney-in-fact for Douglas R. Ostermann and filed on September 22, 2026.

What Was Disclosed

The filing reported the acquisition of 480.603 dividend equivalent rights by Versigent PLC's Chief Financial Officer, Douglas R. Ostermann, tied to existing restricted stock unit grants and triggered by a dividend declared and paid by the issuer, with a transaction date of September 18, 2026.