STOCK TITAN

Vera Bradley (VRA) CFO granted 414,439 restricted stock units in Form 4/A

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Vera Bradley, Inc. Chief Financial Officer Layding Martin reported an amended insider transaction reflecting a compensation-related equity grant. The filing shows an acquisition of 414,439 shares of common stock through a grant of restricted stock units at a price of $0 per share, with 414,439 shares held directly after the transaction.

The amendment clarifies that a prior Form 4 incorrectly reported a price for this grant; the correct price for the restricted stock units, which are subject to vesting and forfeiture conditions, is $0.

Positive

  • None.

Negative

  • None.
Insider Layding Martin
Role Chief Financial Officer
Type Security Shares Price Value
Grant/Award Common Stock 414,439 $0.00 --
Holdings After Transaction: Common Stock — 414,439 shares (Direct)
Footnotes (1)
  1. [object Object]
RSU grant size 414,439 shares Restricted stock unit grant of common stock
Grant price $0 per share Corrected price for RSU grant
Holdings after transaction 414,439 shares Direct ownership following grant
Form type Form 4/A Amended insider transaction report
restricted stock units financial
"a grant of restricted stock units subject to vesting and forfeiture"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting and forfeiture financial
"grant of restricted stock units subject to vesting and forfeiture"
Form 4 regulatory
"the reporting person filed a Form 4 which inadvertently reported a price"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
amendment regulatory
"In fact, as reported in this amendment, the price should be $0"
An amendment is a formal change or addition to an existing legal, regulatory, or corporate document, such as a contract, prospectus, regulatory filing, or company charter. It matters to investors because amendments can alter rights, deadlines, obligations, or risk profiles tied to an investment; think of it like editing a recipe—changing an ingredient or cooking time can significantly affect the final result.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Layding Martin

(Last)(First)(Middle)
12420 STONEBRIDGE ROAD

(Street)
ROANOKE INDIANA 46783

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Vera Bradley, Inc. [ VRA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/12/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
06/27/2025
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/12/2025A414,439A$0(1)414,439D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On June 27, 2025, the reporting person filed a Form 4 which inadvertently reported a price associated with a grant of restricted stock units subject to vesting and forfeiture. In fact, as reported in this amendment, the price should be $0 for such grant.
/s/ Alyson Bohren, attorney-in-fact for Martin Layding04/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Vera Bradley (VRA) disclose in this Form 4/A?

Vera Bradley’s Chief Financial Officer Layding Martin reported receiving 414,439 shares of common stock via a grant of restricted stock units. The award is compensation-related and recorded at a price of $0 per share, with all 414,439 shares held directly following the transaction.

Why did Vera Bradley (VRA) file an amended Form 4/A for its CFO?

The company filed an amended Form 4 to correct an error in a prior filing that showed an incorrect price for a restricted stock unit grant. The amendment clarifies that the correct price for the grant is $0, reflecting a standard equity award structure.

How many Vera Bradley (VRA) shares does the CFO hold after this grant?

After the reported grant, CFO Layding Martin directly holds 414,439 shares of Vera Bradley common stock. This total equals the full amount of the restricted stock unit grant reported in the Form 4/A, reflecting her updated direct ownership position from this compensation award.

What type of equity did Vera Bradley (VRA) grant to its CFO in this filing?

The filing describes a grant of restricted stock units that convert into shares of common stock. These awards are subject to vesting and forfeiture conditions and are recorded at $0 per share, indicating they were received as part of compensation rather than purchased in the market.

Does the Vera Bradley (VRA) Form 4/A indicate a market purchase or sale by the CFO?

No, the Form 4/A reflects a grant or award acquisition, not a market trade. The 414,439 shares were received through restricted stock units at $0 per share, indicating a compensation grant rather than an open-market buy or sell transaction by the Chief Financial Officer.