Form 4: Verra Mobility Corp: Officer Norman P. Blake III Reports Stock Transactions
SEC Form 4 Filing
Norman P. Blake III, an officer at Verra Mobility Corp, reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units.
Summary
- On March 2, 2024, Norman P. Blake III acquired 4,225 shares of Class A Common Stock and disposed of 1,452 shares at a price of $22.88.
- On March 3, 2024, Blake acquired 10,988 shares of Class A Common Stock and disposed of 3,192 shares at a price of $22.88.
- Following these transactions, Blake directly owns 18,059 shares of Class A Common Stock.
- Blake also holds 21,976 Restricted Stock Units.
- The restricted stock units vest in equal annual installments.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by an officer, indicating neutral sentiment.
Future Outlook
The restricted stock units granted to the reporting person will continue to vest in annual installments.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company officers.
Stakeholder Impact
- Shareholders are informed about the stock transactions of a key officer, providing insight into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Reporting person was granted restricted stock units, vesting in four equal annual installments beginning on March 1, 2025. |
| 03/02/2024 | Reporting person was granted restricted stock units, vesting in four equal annual installments beginning on March 2, 2024. |
| 03/02/2024 | Acquisition and disposal of Class A Common Stock. |
| 03/03/2024 | Acquisition and disposal of Class A Common Stock. |
| 03/03/2024 | Reporting person was granted restricted stock units, vesting in four equal annual installments beginning on March 3, 2023. |
| 03/04/2024 | Date of Form 4 filing. |
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