Form 4: Verra Mobility CFO Craig Conti Reports Stock Transactions
SEC Form 4 Filing
CFO Craig Conti reports transactions involving Verra Mobility Corp Class A Common Stock and Restricted Stock Units.
Summary
- Craig C. Conti, CFO of Verra Mobility Corp, filed a Form 4 detailing changes in beneficial ownership.
- On March 1, 2025, Conti exercised 6,337 Restricted Stock Units (RSUs) and sold 2,867 shares to cover tax liabilities at a price of $22.89 per share.
- Following these transactions, Conti directly owns 50,680 shares of Class A Common Stock and 19,012 RSUs.
- On March 2, 2025, Conti exercised 7,324 Restricted Stock Units (RSUs) and sold 3,100 shares to cover tax liabilities at a price of $22.89 per share.
- Following these transactions, Conti directly owns 54,904 shares of Class A Common Stock and 14,648 RSUs.
- The RSUs vest in four equal annual installments.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the sale of shares to cover tax liabilities.
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 | Conti exercised 6,337 RSUs and sold 2,867 shares to cover tax liabilities. |
| 03/02/2025 | Conti exercised 7,324 RSUs and sold 3,100 shares to cover tax liabilities. |
| 03/04/2025 | Date of Form 4 filing. |
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