Form 4: Verra Mobility Director Michael Huerta Reports Stock Unit Transactions
SEC Form 4
Director Michael Huerta reports the acquisition and disposal of Verra Mobility Corp Class A Common Stock units.
Summary
- On May 20, 2024, Director Michael Huerta acquired 9,545 Class A Common Stock units at $0 via restricted stock units and disposed of 9,545 units.
- Following these transactions, Huerta directly owns 26,715 shares of Class A Common Stock.
- On May 21, 2024, Huerta acquired 6,229 restricted stock units, also at $0.
- These restricted stock units vest in full on the earlier of May 21, 2025, or the date immediately prior to the next annual meeting of the Issuer's stockholders occurring after the date of grant.
- After the May 21st transaction, Huerta directly owns 6,229 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by a company director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 05/23/2023 | Reporting Person was granted 9,545 restricted stock units, vesting in full on the earlier of (a) May 23, 2024, or (b) the date immediately prior to the next annual meeting of the Issuer's stockholders occurring after the date of grant. |
| 05/20/2024 | Transaction date for the acquisition and disposal of 9,545 Class A Common Stock units. |
| 05/21/2024 | Reporting Person was granted 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. |
| 05/22/2024 | Date of signature for the Form 4 filing. |
| 05/21/2025 | Vesting date for 6,229 restricted stock units, or the date immediately prior to the next annual meeting of the Issuer's stockholders occurring after the date of grant. |
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