Form 4: Vestis Corp Executive Angela Kervin Reports Acquisition of Restricted Stock Units
SEC Form 4
EVP and Chief HR Officer of Vestis Corp, Angela Kervin, reports the acquisition of additional restricted stock units due to dividend accrual and performance stock unit earnings.
Summary
- On July 2, 2024, Angela Kervin, EVP and Chief HR Officer of Vestis Corp, reported the acquisition of 97.023 restricted stock units.
- These units were acquired due to the accrual of additional restricted stock units related to the Issuer's quarterly dividend on previously awarded restricted stock units and the portion of previously granted performance stock units that were determined to be earned.
- Following the transaction, Kervin beneficially owns 43,385.382 shares of Vestis Corp common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 07/02/2024 | Date of transaction: acquisition of restricted stock units. |
| 07/03/2024 | Date of signature on the Form 4 filing. |
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