Form 4: VSE Corp CEO John Cuomo Reports Stock Transactions
SEC Form 4 Filing
CEO John Cuomo reports acquisition and disposal of VSE Corp stock related to vesting of restricted stock units and performance-based restricted stock units, as well as tax withholding.
Summary
- On March 31, 2024, John Cuomo, CEO and President of VSE Corp, acquired 7,481 shares of common stock upon vesting of PRSUs granted on March 31, 2021.
- Also on March 31, 2024, Cuomo acquired 3,440 shares of common stock upon vesting of RSUs.
- On April 1, 2024, Cuomo disposed of 2,785 shares of common stock at a price of $79.02 to cover the tax liability associated with the vesting of RSUs and PRSUs.
- Following these transactions, Cuomo beneficially owns 112,655 shares of VSE Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CEO's holdings, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/31/2021 | Date of grant for PRSUs that vested on March 31, 2024 |
| 12/31/2023 | Performance period end date for PRSUs |
| 03/31/2024 | Acquisition of shares upon vesting of PRSUs and RSUs |
| 04/01/2024 | Disposal of shares for tax liability |
| 04/02/2024 | Date of signature for the Form 4 filing |
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