Form 4: Verra Mobility CFO Craig Conti Reports Stock Transactions
SEC Form 4
CFO Craig Conti reports acquisition and disposal of Verra Mobility Corp stock and restricted stock units.
Summary
- Craig Conti, CFO of Verra Mobility Corp, filed a Form 4 detailing changes in beneficial ownership.
- On March 2, 2024, Conti disposed of 3,270 shares of Class A Common Stock at a price of $22.88.
- Also on March 2, 2024, 7,323 restricted stock units were converted to Class A Common Stock.
- On March 1, 2024, Conti was granted 25,349 restricted stock units vesting in four equal annual installments beginning March 1, 2025.
- Following these transactions, Conti directly owns 31,959 shares of Class A Common Stock and 21,972 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.
Stakeholder Impact
- Shareholders are informed about the CFO's transactions in company stock, providing insight into management's perspective.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Reporting person was granted 25,349 restricted stock units, vesting in four equal annual installments beginning on March 1, 2025. |
| 03/02/2024 | 7,323 restricted stock units were converted to Class A Common Stock. |
| 03/02/2024 | 3,270 shares of Class A Common Stock were disposed of at $22.88 per share. |
| 03/04/2024 | Date of signature on the report. |
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