Form 4: VSE Corp Director Acquires Shares as Part of Quarterly Retainer
SEC Form 4 Filing
Director Mark E. Ferguson III acquired 116 shares of VSE Corp stock on June 24, 2024, as part of his quarterly cash retainer.
Summary
- On June 24, 2024, Mark E. Ferguson III, a director of VSE Corp, acquired 116 shares of common stock at a price of $86.5 per share.
- The acquisition was part of his quarterly cash retainer for serving as a director.
- Following the transaction, Ferguson directly owns 14,736 shares of VSE Corp.
- The transaction was reported on June 25, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a routine transaction related to director compensation.
Positives
- The director's acquisition of shares demonstrates confidence in the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence due to the director's increased stake in the company.
Key Dates
| Date | Description |
|---|---|
| 06/24/2024 | Date of transaction: Mark E. Ferguson III acquired 116 shares of VSE Corp stock. |
| 06/25/2024 | Date of Form 4 filing. |
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