Form 4: Vestis Corp Executive Angela Kervin Reports Acquisition and Disposal of Shares

EVP and Chief HR Officer of Vestis Corp, Angela Kervin, reports acquiring and disposing of common stock due to accrual of restricted stock units in connection with the Issuer's quarterly dividend.

Summary

• Angela Kervin, EVP and Chief HR Officer at Vestis Corp, filed a Form 4 on March 20, 2025.
• The report details changes in beneficial ownership of Vestis Corp [VSTS] common stock.
• On March 18, 2025, Kervin acquired 86.547 shares of common stock at $0 due to the accrual of additional restricted stock units related to the company's quarterly dividend on previously awarded restricted stock units.
• On the same day, Kervin disposed of 45,442.715 shares of common stock.
• Following these transactions, Kervin beneficially owns 45,442.715 shares of Vestis Corp.
• The restricted stock units vest and settle on the same schedules as the underlying awards to which they relate.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions related to dividend accrual on restricted stock units; it doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor management's alignment with shareholder interests.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Form 4, Vestis Corp, Stock Ownership, Restricted Stock Units, Dividend, Angela Kervin, VSTS