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

Sentiment:

SEC Form 4


EVP-Government Solutions Jonathan Baldwin reports acquisition and disposal of Verra Mobility Corp Class A Common Stock and Restricted Stock Units.

Summary

  • On March 2, 2024, Jonathan Baldwin, EVP-Government Solutions at Verra Mobility Corp, reported transactions involving Class A Common Stock.
  • Baldwin acquired 5,633 shares of Class A Common Stock upon the vesting of restricted stock units at a price of $0.
  • Simultaneously, Baldwin disposed of 1,890 shares to cover tax obligations at a price of $22.88 per share.
  • Following these transactions, Baldwin directly owns 11,416 shares of Class A Common Stock.
  • Baldwin also directly owns 16,902 Restricted Stock Units.
  • On March 1, 2024, Baldwin was granted 17,482 restricted stock units, vesting in four equal annual installments beginning on March 1, 2025.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Future Outlook

The restricted stock units granted on March 1, 2024, will vest in four equal annual installments beginning on March 1, 2025.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors regarding insider activity.

Stakeholder Impact

  • The transactions may provide insights to shareholders regarding executive compensation and alignment with company performance.

Key Dates

DateDescription
03/01/2024Reporting person was granted 17,482 restricted stock units, vesting in four equal annual installments beginning on this date.
03/02/2024Reporting person acquired 5,633 shares of Class A Common Stock and disposed of 1,890 shares.
03/04/2024Date of report signature.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.