Form 4: Verra Mobility EVP Baldwin Reports RSU Vesting, New Grant

Verra Mobility's EVP of Government Solutions, Jonathan Baldwin, reported multiple restricted stock unit vestings and a new RSU grant, alongside shares withheld for tax obligations.

Summary

• Jonathan Baldwin, EVP-Government Solutions at Verra Mobility Corp. (VRRM), reported several transactions related to Restricted Stock Units (RSUs).
• On March 1, 2026, 4,370 Class A Common Stock shares vested from an RSU grant dated March 1, 2024, with 2,256 shares withheld for tax liabilities at $16.71 per share.
• On March 2, 2026, 5,634 Class A Common Stock shares vested from an RSU grant dated March 2, 2023, with 2,697 shares withheld for tax liabilities at $16.70 per share.
• Also on March 2, 2026, Baldwin received a new grant of 28,742 Restricted Stock Units, which will vest in four equal annual installments beginning March 2, 2027.
• On March 3, 2026, 4,790 Class A Common Stock shares vested from an RSU grant dated March 3, 2025, with 2,219 shares withheld for tax liabilities at $16.79 per share.
• Following these transactions, Baldwin's direct beneficial ownership of Class A Common Stock was 26,436 shares as of March 3, 2026, in addition to 28,742 unvested Restricted Stock Units.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a moderately positive signal, reflecting ongoing executive compensation and retention through RSU grants and vestings, which aligns management's interests with long-term company performance. The tax withholdings are a standard, neutral event.

Positives

• Jonathan Baldwin received a new grant of 28,742 Restricted Stock Units on March 2, 2026, indicating continued long-term incentive alignment with the company.
• Multiple tranches of previously granted Restricted Stock Units vested, converting into Class A Common Stock.

Negatives

• A significant number of shares were withheld to cover tax liabilities upon RSU vesting: 2,256 shares at $16.71, 2,697 shares at $16.70, and 2,219 shares at $16.79.

Industry Context

StockSavvy.ai notes that routine insider transactions like RSU vestings and grants are common practices in the technology and services sector, aligning executive incentives with long-term shareholder value. These types of filings typically do not provide broader industry insights.

Stakeholder Impact

• Shareholders: The vesting of RSUs and new grant align executive incentives with shareholder interests, potentially fostering long-term value creation. The increase in direct beneficial ownership (before tax withholding) by a key executive can be seen positively.
• Employees: The RSU program demonstrates a commitment to executive compensation and retention, which can positively influence overall employee morale and talent attraction.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation events, specifically RSU vestings, tax withholdings, and a new RSU grant. These are standard occurrences and do not typically indicate a significant change in the company's fundamental outlook or warrant a change in investment thesis. Therefore, a 'hold' recommendation is appropriate as the filing provides no new information to alter an existing position.

Keywords

Verra Mobility, VRRM, Jonathan Baldwin, SEC Form 4, insider transaction, restricted stock units, RSU vesting, executive compensation, beneficial ownership, stock grant, tax withholding