Form 4: Vestis CFO Kelly Janzen Granted Equity and Options

Vestis Corporation's EVP & CFO, Kelly Janzen, received grants of restricted stock units and stock options on December 9, 2025.

Summary

• Kelly Janzen, Executive Vice President and Chief Financial Officer of Vestis Corporation (VSTS), was granted 35,064 restricted stock units (RSUs) on December 9, 2025.
• These RSUs represent common stock with a par value of $0.01 per share and vest in three equal annual installments, starting one year from the grant date.
• Following this transaction, Kelly Janzen beneficially owns 256,162 shares of common stock.
• Additionally, Janzen was granted 88,968 stock options on December 9, 2025, with an exercise price of $7.13 per share.
• These stock options also vest in three equal annual installments, beginning on the first anniversary of the grant date, and have an expiration date of December 9, 2035.
• The options allow the purchase of common stock, par value $0.01 per share, and Janzen beneficially owns 88,968 derivative securities following this transaction.

Sentiment

Score: 6

Explanation: The filing is a routine disclosure of executive compensation, which is generally a neutral to slightly positive event as it aligns management incentives with shareholder interests. It does not contain information that would significantly alter the company's outlook or financial position.

Positives

• The grant of restricted stock units and stock options to a key executive like the EVP & CFO aligns management's interests with those of shareholders.
• Equity compensation is a standard practice for retaining and incentivizing senior leadership.

Future Outlook

The vesting schedules for both the restricted stock units and stock options, spanning three years, indicate a strategy to retain key executive talent and incentivize long-term performance aligned with shareholder value creation.

Industry Context

The grant of equity and options to a senior executive is a common and widely accepted practice in publicly traded companies across various industries, serving as a key component of executive compensation packages designed to attract, retain, and motivate top talent.

Comparison to Industry Standards

• The structure of equity compensation, including restricted stock units and stock options with multi-year vesting, is consistent with typical executive incentive plans observed in comparable companies within the industrial services and uniform rental sectors.
• The use of both RSUs (which provide value even if the stock price declines) and stock options (which incentivize stock price appreciation) is a balanced approach often seen in compensation strategies for executives at companies like Aramark, Cintas, or UniFirst.

Corporate Governance

Stakeholder Impact

• Shareholders: The equity grants align the financial interests of the EVP & CFO with those of shareholders, potentially fostering long-term value creation.
• Employees: May signal stability in executive leadership and a commitment to retaining key personnel.

Next Steps

• The restricted stock units and stock options will vest in three equal annual installments, beginning on the first anniversary of the grant date (December 9, 2025).

Key Dates

Keywords

Vestis Corporation, VSTS, Kelly Janzen, CFO, EVP, Restricted Stock Units, RSUs, Stock Options, Equity Grant, Insider Transaction, Executive Compensation, Form 4