Form 4: Verra Mobility CEO David Roberts Reports Stock Transactions
SEC Form 4 Filing
Verra Mobility's CEO, David Roberts, reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to his beneficial ownership of Class A Common Stock.
Summary
- On March 1, 2025, David Roberts, the President and CEO of Verra Mobility Corp, reported the vesting of 13,112 restricted stock units and the withholding of 5,653 shares to cover tax liabilities at a price of $22.89.
- Following these transactions, Roberts directly owns 680,749 shares of Class A Common Stock.
- He also indirectly owns 219,745 shares through a trust.
- On March 2, 2025, Roberts reported the vesting of 15,845 restricted stock units and the withholding of 6,707 shares to cover tax liabilities at a price of $22.89.
- Following these transactions, Roberts directly owns 689,887 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation. It doesn't indicate any fundamental change in the company's prospects, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is important for investor confidence and regulatory oversight.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/02/2023 | Reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning on March 2, 2024. |
| 03/01/2024 | Reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning on March 1, 2025. |
| 03/01/2025 | Vesting of 13,112 restricted stock units and withholding of 5,653 shares for tax liability. |
| 03/02/2025 | Vesting of 15,845 restricted stock units and withholding of 6,707 shares for tax liability. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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