Verra Mobility (NASDAQ: VRRM) SVP granted 13,173 RSUs and withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verra Mobility executive Bo Lin, Sr Vice President of T2 Systems, reported several equity-related transactions. On March 2, 2026, he received a grant of 13,173 restricted stock units (RSUs), which will vest in four equal annual installments starting on March 2, 2027, with shares delivered on each settlement date.
On March 3, 2026, 1,959 RSUs were converted into an equal number of Class A common shares at $0.00 per share, increasing his directly held common stock. That same day, 678 shares of Class A common stock at $16.79 per share were withheld to cover tax obligations upon RSU vesting, a non–open-market disposition.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,959 shares exercised/converted
Mixed
4 txns
Insider
Bo Lin
Role
Sr Vice President, T2 Systems
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,959 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,959 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 678 | $16.79 | $11K |
| Grant/Award | Restricted Stock Units | 13,173 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,880 shares (Direct);
Class A Common Stock — 5,470 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock. Shares withheld to satisfy tax liability upon vesting of restricted stock units. On March 2, 2026, the reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning on March 2, 2027. Vested shares will be delivered to the reporting person on each settlement date. On March 3, 2025, the reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning on March 3, 2026. Vested shares will be delivered to the reporting person on each settlement date.
FAQ
What equity transactions did Bo Lin report in this Verra Mobility (VRRM) Form 4?
Bo Lin reported a new 13,173 restricted stock unit (RSU) grant, the conversion of 1,959 RSUs into Class A common stock, and the withholding of 678 shares to cover taxes related to RSU vesting, all held under direct ownership.
How large was Bo Lin’s new restricted stock unit grant at Verra Mobility (VRRM)?
Bo Lin received a grant of 13,173 restricted stock units. Each RSU represents the right to receive one share of Verra Mobility Class A common stock, giving him a sizable equity-based incentive tied to future vesting and share delivery.
What is the vesting schedule for Bo Lin’s 13,173 Verra Mobility (VRRM) RSUs?
The 13,173 RSUs granted on March 2, 2026 vest in four equal annual installments starting on March 2, 2027. On each settlement date, vested shares of Verra Mobility Class A common stock will be delivered to Bo Lin.
What does transaction code M indicate in Bo Lin’s Verra Mobility (VRRM) Form 4?
In this Form 4, transaction code M reflects an exercise or conversion of derivative securities. Specifically, 1,959 restricted stock units were converted into the same number of Verra Mobility Class A common shares at a stated price of $0.00 per share.