4/A: VSE Corp Director Calvin Scott Koonce Amends Beneficial Ownership Report
SEC Filing
Calvin Scott Koonce, a director and 10% owner of VSE Corp, amended a previous filing to reflect a transaction on January 11, 2021, and clarify beneficial ownership details.
Summary
- Calvin Scott Koonce, a director and 10% owner of VSE Corp, filed an amendment to a Form 4 regarding changes in beneficial ownership.
- The amendment relates to a transaction that occurred on January 11, 2021.
- On this date, Mr. Koonce acquired 2,300 shares of Common Stock at $0.
- Following the reported transaction, Mr. Koonce directly owns 1,343,352 shares.
- The filing also clarifies indirect ownership through his spouse (20,000 shares) and Koonce LLC (501,584 shares), with disclaimers of beneficial ownership except to the extent of pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 01/11/2021 | Date of transaction: Acquisition of 2,300 shares of Common Stock. |
| 01/13/2021 | Date of original filing that was amended. |
| 04/01/2024 | Date of signature on the amended form. |
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