Form 4: Vestis Corp Executive Vice President Angela Kervin Reports Stock Transaction
SEC Form 4 Filing
EVP and Chief HR Officer of Vestis Corp, Angela Kervin, reports disposition of 542 shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On September 27, 2024, Angela Kervin, EVP and Chief HR Officer of Vestis Corp, disposed of 542 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of restricted stock units.
- The price per share was $15.32.
- Following the transaction, Kervin beneficially owns 40,173.382 shares of Vestis Corp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reflects a routine transaction related to tax obligations on vested stock.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor executive sentiment and potential alignment with shareholder interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/27/2024 | Date of stock transaction |
| 10/01/2024 | Signature date of the report |
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