VRRM.NASDAQVerra Mobility CORP

Form 4: Verra Mobility Executive Steve Lalla Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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EVP Commercial Services at Verra Mobility, Steve Lalla, reports acquisition and disposal of Class A Common Stock and Restricted Stock Units on March 4, 2024.

Summary

  • On March 4, 2024, Steve Lalla, EVP Commercial Services at Verra Mobility, reported transactions involving Class A Common Stock.
  • Lalla acquired 6,209 shares of Class A Common Stock at $0 related to restricted stock units.
  • He also acquired 22,528 shares of Class A Common Stock at $0.
  • Lalla disposed of 1,511 shares at $22.16 and 5,485 shares at $22.16 to cover tax obligations.
  • Following these transactions, Lalla directly owns 35,002 shares of Class A Common Stock.
  • Lalla also owns 6,209 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors regarding insider activity. It's a standard practice for publicly traded companies.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into executive's holdings and trading activity.

Key Dates

DateDescription
03/18/2021Reporting person was granted restricted stock units, vesting in four equal annual installments beginning on March 4, 2022.
03/04/2022First vesting date of restricted stock units granted on March 18, 2021.
03/04/2024Date of reported stock transactions.
03/06/2024Date of signature on the Form 4 filing.

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