Verra Mobility (VRRM) CLO gets 5,334-share award, 2,257 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VERRA MOBILITY Corp Chief Legal Officer Jonathan Keyser received a grant of 5,334 shares of Class A Common Stock, earned under a 2023 performance share unit award based on goals over the 2023–2026 performance period. To cover associated tax liabilities upon vesting, 2,257 shares were withheld at a price of $16.70 per share, leaving him with 13,448 shares held directly after these compensation-related transactions. These events reflect equity compensation and tax withholding rather than any open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Keyser Jonathan
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,334 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,257 | $16.70 | $38K |
Holdings After Transaction:
Class A Common Stock — 15,705 shares (Direct)
Footnotes (1)
- Shares earned under the 2023 performance share unit award based on the achievement of performance goals over the 2023-2026 performance period. Shares withheld to satisfy tax liability upon vesting of performance share units. The reported share price of $16.70 was the closing price on March 2, 2026, which was the price that was used for tax withholding purposes; March 2, 2026 was the end date of the performance period for the performance share units.
FAQ
What insider transactions did Verra Mobility (VRRM) report for Jonathan Keyser?
Jonathan Keyser received 5,334 Verra Mobility shares as a stock award and had 2,257 shares withheld to cover taxes. After these compensation-related transactions, he directly held 13,448 shares of Class A Common Stock, with no open-market purchases or sales disclosed.
Was the Verra Mobility (VRRM) Form 4 transaction an open-market sale?
The Form 4 does not show an open-market sale. The 2,257 shares reported under code F were withheld solely to satisfy tax obligations upon vesting of performance share units, using a price of $16.70 per share for tax calculations.
What award did Jonathan Keyser earn according to the Verra Mobility (VRRM) Form 4?
Keyser earned shares from a 2023 performance share unit award. The 5,334 granted shares reflect achievement of performance goals measured over the 2023–2026 performance period, turning those performance units into Class A Common Stock when the performance conditions were met.