Company: VRT
Filing Date: 2025-06-20
Form Type: 11-K
Source: 0001628280-25-032230
Chunk: 8

Company: Vertiv Holdings Co
Filing Date: 2025-06-20
Form: 11-K
Chunk 8
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 the Plan's trustee and recordkeeper. The Plan also allows for the investment in Vertiv securities and the funding of certain employer contributions with Vertiv securities. These transactions qualify as party-in-interest transactions; however, they are exempt from the prohibited transactions rules under ERISA.

(5) FAIR VALUE MEASUREMENTS

Under Accounting Standards Codification (“ASC”) 820 Fair Value Measurement , a formal hierarchy and framework exists for measuring fair value and making disclosures about fair value measurements and the reliability of valuation inputs. Within the hierarchy, Level 1 instruments use observable market prices for the identical item in active markets and have the most reliable valuations. Level 2 instruments, of which there are none, are valued through broker dealer quotation or through market-observable inputs for similar items in active markets, including forward and spot prices, interest rates and volatilities. Level 3 instruments, of which there are none are valued using inputs not observable in an active market, such as entity-developed future cash estimates, and are considered the least reliable.

The following is a description of the valuation techniques and inputs used for each general type of assets measured at fair value:

Mutual funds: The shares of mutual funds are valued at quoted market prices which represent the net asset value (“NAV”) of shares held by the Plan at year-end.

Common stock : The shares are valued at the closing price reported on the active market on which the securities are traded.

Common collective trust funds: The common collective trust funds are valued at the NAV provided by the administrator of the fund.

The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

The following is a categorization of all investments by level within the ASC 820 fair value hierarchy at December 31, 2024 and 2023:

|                               |     | December 31, 2024 |               |     |         |   |     |         |   |     |       |               |
|:------------------------------|:----|:------------------|--------------:|:----|:--------|:--|:----|:--------|:--|:----|:------|--------------:|
|                               |     | Level 1           |               |     | Level 2 |