Form 4: Verra Mobility Executive Jonathan Baldwin Reports Stock Transactions
SEC Form 4 Filing
EVP Jonathan Baldwin reports acquisition and disposal of Verra Mobility (VRRM) Class A Common Stock related to vesting of restricted stock units.
Summary
- On March 1, 2025, Jonathan Baldwin, EVP of Government Solutions at Verra Mobility Corp, acquired 4,370 shares of Class A Common Stock upon vesting of restricted stock units.
- On the same day, 2,190 shares were disposed of to cover tax liabilities at a price of $22.89 per share, resulting in a net increase of 2,180 shares.
- Following these transactions, Baldwin directly owns 9,853 shares of Class A Common Stock.
- On March 2, 2025, Baldwin acquired 5,634 shares of Class A Common Stock upon vesting of restricted stock units.
- On the same day, 2,521 shares were disposed of to cover tax liabilities at a price of $22.89 per share, resulting in a net increase of 3,113 shares.
- Following these transactions, Baldwin directly owns 12,966 shares of Class A Common Stock.
- Baldwin also holds 11,268 Restricted Stock Units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard SEC filing detailing stock transactions related to executive compensation.
Positives
- The vesting of restricted stock units indicates a form of compensation and alignment of the executive's interests with the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but it's primarily related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/02/2023 | Reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning on March 2, 2024. |
| 03/01/2024 | Reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning on March 1, 2025. |
| 03/01/2025 | Acquisition of 4,370 shares of Class A Common Stock upon vesting of restricted stock units; disposal of 2,190 shares for tax liabilities. |
| 03/02/2025 | Acquisition of 5,634 shares of Class A Common Stock upon vesting of restricted stock units; disposal of 2,521 shares for tax liabilities. |
| 03/04/2025 | Date of signature for the Form 4 filing. |
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