Form 4: VSE Corp Director Receives Stock as Part of Quarterly Retainer
Director Compensation Filing
VSE Corp director Edward P. Dolanski received shares of common stock as part of his quarterly cash retainer.
Summary
- VSE Corp issued shares to director Edward P. Dolanski on December 11, 2024.
- The shares were issued as part of his quarterly cash retainer for service as a director.
- The filing indicates that the shares are common stock with a par value of $0.05.
- A total of 44 shares were issued at a price of $115.51 per share.
- The total value of the shares issued is $5,082.44.
Sentiment
Score: 7
Explanation: The document reflects a routine corporate action, which is neither particularly positive nor negative. It is a standard practice for director compensation.
Industry Context
This type of stock issuance is a common practice for compensating board members in publicly traded companies.
Comparison to Industry Standards
- Many public companies use a combination of cash and stock to compensate directors.
- The amount of stock issued is relatively small, suggesting it is a portion of a larger compensation package.
- The value of the stock issued is consistent with the market price of VSE Corp shares at the time of issuance.
Stakeholder Impact
- The stock issuance has a minor dilutive effect on existing shareholders, but it is a standard practice for director compensation.
Key Dates
| Date | Description |
|---|---|
| 2024-12-11 | Date of stock issuance to director Edward P. Dolanski. |
| 2024-12-12 | Date of filing by Farinaz S. Tehrani, Attorney-in-Fact. |
Keywords
VSE Corp, Director Compensation, Stock Issuance, Equity, Corporate Governance
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