Form 4: Verra Mobility Director Patrick Byrne Reports Stock Unit Transactions
SEC Form 4 Filing
Director Patrick Byrne reports acquisition and disposal of Verra Mobility Corp Class A Common Stock units.
Summary
- On May 20, 2024, Director Patrick Byrne acquired 9,545 Class A Common Stock units at $0.
- Also on May 20, 2024, Byrne disposed of 9,545 Restricted Stock Units.
- Following these transactions, Byrne directly owns 32,184 shares of Class A Common Stock.
- On May 21, 2024, Byrne acquired 6,229 Restricted Stock Units, representing a contingent right to receive Class A Common Stock.
- Byrne now directly owns 6,229 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Acquisition and disposal of 9,545 Class A Common Stock units and Restricted Stock Units respectively. |
| 05/21/2024 | Grant of 6,229 restricted stock units. |
| 05/22/2024 | Date of signature for the Form 4 filing. |
| 05/23/2023 | Date the 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. |
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