Joseph T. Liotine, CEO and Director of Versigent PLC (NASDAQ:VGNT), filed a Form 4 on September 22, 2026, disclosing the acquisition of 489.229 dividend equivalent rights on September 18, 2026, as a result of a dividend declared and paid by the issuer.

Key Highlights

  • Reporting person: Joseph T. Liotine, CEO and Director of Versigent PLC
  • Transaction date: September 18, 2026
  • Security acquired: 489.229 Dividend Equivalent Rights, transaction code A (acquired)
  • Price: $0.00 per right
  • Resulting ownership: 489.229 derivative securities beneficially owned directly following the transaction
  • Underlying security: Ordinary Shares of Versigent PLC, with each right described as the economic equivalent of one ordinary share
  • Vesting: Rights vest on the same schedule as the restricted stock units to which they relate, according to the filing

Dividend Equivalent Rights Accrue on Liotine's RSU Grants at Versigent PLC

According to the filing, the 489.229 dividend equivalent rights were acquired by Joseph T. Liotine in connection with restricted stock units he holds. The filing states that these rights "accrued on grants of restricted stock units as a result of a dividend declared and paid by the issuer." The transaction was coded as an acquisition (A) and carried a price of $0.00, reflecting that the rights arose automatically from an existing grant rather than a purchase.

The filing discloses that each dividend equivalent right is described as "the economic equivalent of one share of the issuer's ordinary shares," and that the rights "vest on the same schedule as the restricted stock units to which they relate." Following the reported transaction, Liotine directly beneficially owns 489.229 of these derivative securities, as reported in Table II of the filing. No non-derivative securities transactions were reported in Table I.

The Form 4 was signed by Janis N. Acosta as attorney-in-fact for Joseph T. Liotine and filed on September 22, 2026. Liotine's address is listed as Spitalstrasse 5, Schaffhausen, Switzerland. The filing was made by one reporting person and is not identified as an amendment to a prior filing.

What Was Disclosed

Versigent PLC CEO Joseph T. Liotine reported the acquisition of 489.229 dividend equivalent rights on September 18, 2026, accrued on existing restricted stock unit grants following a dividend declared and paid by the issuer, at a price of $0.00.