VRRM.NASDAQVerra Mobility CORP

Form 4: Verra Mobility Corp Executive Jonathan Baldwin Reports Stock Transactions

Sentiment:

SEC Form 4

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EVP Jonathan Baldwin reports acquisition of shares through restricted stock units and disposition of shares to cover tax obligations.

Summary

  • On May 11, 2024, Jonathan Baldwin, EVP-Government Solutions at Verra Mobility Corp, reported transactions involving Class A Common Stock.
  • Baldwin acquired 10,916 shares of Class A Common Stock upon the vesting of restricted stock units at a price of $0.
  • He also disposed of 4,901 shares of Class A Common Stock at $26.91 to satisfy tax obligations.
  • Following these transactions, Baldwin directly owns 17,431 shares of Class A Common Stock and 21,833 Restricted Stock Units.
  • The restricted stock units vest in four equal annual installments beginning May 11, 2023.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions by an executive, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, and is a normal part of corporate governance.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation activities.

Key Dates

DateDescription
05/11/2022Date the reporting person was granted restricted stock units, vesting in four equal annual installments beginning May 11, 2023.
05/11/2023First vesting date of restricted stock units.
05/11/2024Date of reported transactions: acquisition of shares through vesting of restricted stock units and disposition of shares for tax obligations.
05/13/2024Date of signature for the Form 4 filing.

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