Form 4: Verra Mobility CEO David Roberts Reports Stock Transactions
SEC Form 4
David Roberts, President and CEO of Verra Mobility Corp, reports transactions involving Class A Common Stock and Restricted Stock Units.
Summary
- On March 4, 2024, David Roberts, the President and CEO of Verra Mobility Corp, reported multiple transactions involving the company's Class A Common Stock.
- These transactions included the acquisition of 9,131 shares and 93,867 shares upon the vesting of restricted stock units, as well as the disposal of 2,495 shares and 25,653 shares to cover tax obligations.
- Following these transactions on March 4, 2024, Roberts directly owns 666,336 shares of Class A Common Stock and indirectly owns 219,745 shares through a trust.
- On March 5, 2024, Roberts acquired 9,569 shares upon the vesting of restricted stock units and disposed of 2,615 shares to cover tax obligations.
- Following these transactions on March 5, 2024, Roberts directly owns 673,290 shares of Class A Common Stock and indirectly owns 219,745 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CEO's holdings.
- Employees may be interested in the stock transactions of the CEO as an indicator of company performance.
Key Dates
| Date | Description |
|---|---|
| 03/06/2020 | Reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning March 5, 2021. |
| 03/17/2021 | Reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning March 4, 2022. |
| 03/04/2024 | Date of earliest transaction: Acquisition and disposal of Class A Common Stock and Restricted Stock Units. |
| 03/05/2024 | Acquisition and disposal of Class A Common Stock and Restricted Stock Units. |
| 03/06/2024 | Date of signature for the Form 4 filing. |
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