Form 4: Verra Mobility Director John H. Rexford Sells Shares

Director John H. Rexford of Verra Mobility Corp. sold 540 shares of Class A Common Stock at a weighted average price of $26.2084 on June 4, 2024.

Summary

• On June 4, 2024, John H. Rexford, a director of Verra Mobility Corp. (VRRM), sold 540 shares of Class A Common Stock.
• The shares were sold at a weighted average price of $26.2084.
• The sale was executed on June 4, 2024.
• Following the transaction, Rexford directly owns 50,280 shares of Verra Mobility Corp.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine disclosure of a stock sale by a director. It doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This is a routine disclosure of an insider transaction. It's common for directors and officers to buy and sell shares of their company's stock. The impact on the stock price is usually minimal unless the transaction is very large or part of a broader trend.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.

Key Dates