Form 4: Verra Mobility Director Cynthia Russo Reports Stock Unit Transactions
SEC Filing Form 4
Director Cynthia Russo reports acquisition of restricted stock units in Verra Mobility, according to a Form 4 filing.
Summary
- On May 19, 2025, Director Cynthia Russo acquired 6,229 Class A Common Stock units at $0.
- Following this transaction, Russo directly owns 48,115 shares of Class A Common Stock.
- Russo also acquired 6,229 restricted stock units on May 19, 2025, vesting on the earlier of May 21, 2025, or the date before the next annual meeting.
- Additionally, on May 20, 2025, Russo acquired 7,949 restricted stock units, vesting on the earlier of May 20, 2026, or the date before the next annual meeting.
- After these transactions, Russo directly owns 7,949 restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of stock unit transactions by a company director.
Positives
- The acquisition of restricted stock units by a director could be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future performance.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of shares outstanding upon vesting of the restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Date of transaction for 6,229 Class A Common Stock units and 6,229 restricted stock units. |
| 05/20/2025 | Date of transaction for 7,949 restricted stock units. |
| 05/21/2025 | Date of signature on the Form 4 filing; vesting date for 6,229 restricted stock units. |
| 05/20/2026 | Vesting date for 7,949 restricted stock units. |
Keywords
Verra Mobility, VRRM, Cynthia Russo, Director, Form 4, Restricted Stock Units, Class A Common Stock, Beneficial Ownership, Acquisition
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