Verra Mobility (VRRM) interim CEO granted 460,122 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Keyser Jonathan reported acquisition or exercise transactions in this Form 4 filing.
Verra Mobility Corporation’s Interim President and CEO Jonathan Keyser received a grant of restricted stock units as part of his equity compensation. On June 1, 2026, he was awarded 460,122 restricted stock units, each representing one share of Class A Common Stock.
The award vests in two equal annual installments beginning on June 2, 2027, conditioned on his continued service with the company through each vesting date. Shares underlying vested units will be delivered to him on each settlement date, and following this grant he holds 460,122 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Keyser Jonathan
Role
Interim President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 460,122 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 460,122 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock. On June 1, 2026, the Reporting Person was granted restricted stock units, vesting in two (2) equal annual installments beginning on June 2, 2027, subject to the Reporting Person's continued service with the Issuer through each such vesting date. Vested shares will be delivered to the Reporting Person on each settlement date.
Key Figures
RSUs granted: 460,122 units
Underlying shares: 460,122 shares
Shares after transaction: 460,122 units
+2 more
5 metrics
RSUs granted
460,122 units
Restricted stock units awarded on June 1, 2026
Underlying shares
460,122 shares
Class A Common Stock underlying the RSUs
Shares after transaction
460,122 units
Total restricted stock units held following the grant
Transaction code
Code A
Grant, award, or other acquisition of derivative security
Vesting schedule
Two equal annual installments
Beginning on June 2, 2027, subject to continued service
Key Terms
Restricted Stock Units, contingent right, vesting, settlement date
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock."
vesting financial
"the Reporting Person was granted restricted stock units, vesting in two (2) equal annual installments beginning on June 2, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
settlement date financial
"Vested shares will be delivered to the Reporting Person on each settlement date."
The settlement date is the day when a securities trade is finalized: the buyer’s cash is delivered and the seller’s shares or bonds are transferred into the buyer’s account. Think of it like the closing day of a purchase, when ownership and payment officially change hands; until then the trade exists as an agreement but not as completed property transfer. Investors care because payment timing affects cash availability, record of ownership, dividends, and legal rights tied to the asset.
FAQ
What insider transaction did Verra Mobility (VRRM) report for Jonathan Keyser?
Verra Mobility reported that Interim President and CEO Jonathan Keyser received a grant of 460,122 restricted stock units. The units were awarded on June 1, 2026 as equity compensation, giving him a contingent right to receive Class A Common Stock if vesting conditions are met.
How many restricted stock units did the Verra Mobility (VRRM) CEO receive?
Jonathan Keyser received 460,122 restricted stock units. Each restricted stock unit corresponds to one share of Verra Mobility Class A Common Stock, providing a significant equity-based incentive that aligns his compensation with long-term company performance if the units vest over time.
When do Jonathan Keyser’s Verra Mobility (VRRM) restricted stock units vest?
The restricted stock units vest in two equal annual installments starting on June 2, 2027. Vesting is subject to Jonathan Keyser’s continued service with Verra Mobility through each vesting date, linking the award to his ongoing leadership and tenure at the company.
What does each Verra Mobility (VRRM) restricted stock unit granted to Jonathan Keyser represent?
Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Class A Common Stock. The units do not convert immediately; shares are delivered only when the units vest and are settled according to the grant’s terms and conditions.
How many Verra Mobility (VRRM) restricted stock units does Jonathan Keyser hold after this grant?
After the June 1, 2026 grant, Jonathan Keyser holds 460,122 restricted stock units directly. These units reflect his current equity award position from this filing, subject to the specified vesting schedule and continued service requirements with Verra Mobility Corporation.
Is Jonathan Keyser’s Verra Mobility (VRRM) equity grant an open-market purchase or sale?
The transaction is a grant or award acquisition of restricted stock units, not an open-market purchase or sale. The Form 4 identifies the transaction using code A, indicating an equity award provided as compensation rather than a market trade in Verra Mobility shares.