Form 4: VSE Corp Director Mark E. Ferguson III Acquires Shares as Part of Quarterly Retainer
SEC Form 4 Filing
Director Mark E. Ferguson III acquired 126 shares of VSE Corp common stock on March 25, 2024, as part of his quarterly cash retainer.
Summary
- On March 25, 2024, Mark E. Ferguson III, a director of VSE Corp, acquired 126 shares of common stock.
- The shares were acquired at a price of $79.37 per share.
- This acquisition was part of the quarterly cash retainer for his service as a director.
- Following the transaction, Ferguson directly owns 14,620 shares of VSE Corp.
- The transaction was reported on March 26, 2024.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine transaction related to director compensation.
Positives
- The director's acquisition of shares demonstrates confidence in the company.
Industry Context
This is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency into the trading activities of company insiders.
Related Party Transactions
- The acquisition of shares by the director as part of his quarterly retainer constitutes a related party transaction.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small number of shares acquired by a director as part of their compensation.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of transaction: Mark E. Ferguson III acquired 126 shares of VSE Corp common stock. |
| 03/26/2024 | Date of report filing. |
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