Form 4: Vestis Corp Director Mary Anne Whitney Reports Stock Acquisition and Disposal Due to Dividend Accrual

Director Mary Anne Whitney reports acquiring and disposing of Vestis Corp stock units due to dividend accrual on existing holdings, according to a Form 4 filing.

Summary

• Mary Anne Whitney, a director of Vestis Corp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• The reported transactions involve the acquisition of 44.512 common stock units and disposal of 21,379.931 common stock units on March 18, 2025.
• These transactions are attributed to the accrual of additional deferred stock units and restricted stock units related to the Issuer's quarterly dividend on previously awarded units.
• The additional units vest and settle on the same schedules as the underlying awards.
• Whitney directly owns 0 common stock units after the reported transactions.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Key Dates

Keywords

Form 4, beneficial ownership, Vestis Corp, director, stock units, dividend accrual, VSTS, Mary Anne Whitney