Form 4: Vestis Corp Director Holloman Reports Acquisition and Disposal of Shares

James Phillip Holloman, a director and officer of Vestis Corp, reports acquiring and disposing of common stock and holding restricted stock units.

Summary

• James Phillip Holloman, a director and officer at Vestis Corp, filed a Form 4 detailing changes in beneficial ownership.
• On March 20, 2025, Holloman acquired 66,503 shares of common stock at $0 per share.
• Holloman also disposed of shares.
• Following these transactions, Holloman beneficially owns 143,779.351 shares of Vestis Corp common stock.
• The report also mentions restricted stock units that vest in three equal annual installments starting one year from the grant date.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

The restricted stock units will vest in three equal annual installments beginning on the first anniversary of the date of grant, indicating future equity-based compensation.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Key Dates

Keywords

Form 4, Beneficial Ownership, Vestis Corp, Holloman, Stock, Director, Officer