Form 4: Verra Mobility Director Michael Huerta Reports Stock Transactions
SEC Form 4 Filing
Director Michael Huerta reports acquisition and disposal of Verra Mobility Corp Class A Common Stock and Restricted Stock Units.
Summary
- Michael Huerta, a director of Verra Mobility Corp, filed a Form 4 detailing changes in beneficial ownership.
- On May 19, 2025, Huerta acquired 6,229 shares of Class A Common Stock at $0 via restricted stock units.
- On May 21, 2025, Huerta disposed of 6,000 shares of Class A Common Stock at a price of $24.3 per share.
- Huerta was granted 7,949 restricted stock units on May 20, 2025, vesting fully on the earlier of May 20, 2026, or the date immediately prior to the next annual meeting of the Issuer's stockholders occurring after the date of grant.
- Following these transactions, Huerta directly owns 18,254 shares of Class A Common Stock and 7,949 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in compliance with SEC regulations.
- Similar filings are made by insiders at companies like American Traffic Solutions and Redflex Holdings, which operate in similar industries to Verra Mobility.
Stakeholder Impact
- Shareholders are informed about insider transactions, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Acquisition of 6,229 shares of Class A Common Stock via restricted stock units. |
| 05/20/2025 | Grant of 7,949 restricted stock units. |
| 05/21/2024 | Grant date of 6,229 restricted stock units, vesting in full on the earlier of (a) May 21, 2025, or (b) the date immediately prior to the next annual meeting of the Issuer's stockholders occurring after the date of grant. |
| 05/21/2025 | Sale of 6,000 shares of Class A Common Stock at $24.3 per share. |
| 05/20/2026 | Vesting date of 7,949 restricted stock units (earlier of this date or the next annual meeting). |
Keywords
Form 4, Verra Mobility, VRRM, Director, Michael Huerta, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Class A Common Stock
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