VSTS.NYSEVestis CORP

Form 4: Vestis Corp Director Lynn McKee Reports Acquisition of Stock Units

Sentiment:

SEC Form 4 Filing


Director Lynn McKee reports the acquisition of additional deferred stock units and restricted stock units related to Vestis Corp's quarterly dividend.

Summary

  • On March 18, 2025, Lynn McKee, a director of Vestis Corp, reported the acquisition of additional deferred stock units and restricted stock units.
  • These units were accrued in connection with the Issuer's quarterly dividend on previously awarded deferred stock units and restricted stock units.
  • The additional 71.19 units vest and settle on the same schedules as the underlying awards to which they relate.
  • Following the transaction, McKee directly owns 164,982.353 shares of common stock.
  • McKee also indirectly owns 25,000 shares through a limited partnership where she serves as a general partner and 32,895 shares through trusts.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it involves the routine accrual of stock units related to a dividend.

Key Dates

DateDescription
03/18/2025Date of transaction: Acquisition of deferred stock units and restricted stock units.
03/19/2025Date of Power of Attorney execution.
03/20/2025Date of signature for the Form 4 filing.

Keywords

Vestis Corp, Lynn McKee, Director, Stock Units, Dividend, Beneficial Ownership, Form 4, Securities

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