Form 4: Vestis Corp Executive Kervin Angela Reports Changes in Beneficial Ownership
SEC Form 4
EVP and Chief HR Officer Angela Kervin reports acquisition and disposal of Vestis Corp common stock related to restricted stock units and tax obligations.
Summary
- On October 3, 2024, Angela Kervin, EVP and Chief HR Officer of Vestis Corp, reported changes in beneficial ownership of the company's common stock.
- Kervin acquired 61.078 shares of common stock at $0, representing accrual of additional restricted stock units and distribution of shares of common stock in connection with the Issuer's quarterly dividend on previously awarded restricted stock units.
- She also disposed of 1 share at $14.83 to cover taxes related to the vesting of dividend equivalent restricted stock units.
- Following these transactions, Kervin directly owns 40,233.46 shares of Vestis Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and does not suggest any specific trend in the industry.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 10/03/2024 | Date of the reported transactions (acquisition and disposal of shares). |
| 10/07/2024 | Date of signature by Attorney-in-fact. |
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