Verra Mobility (VRRM) CEO gets 93,362-share award, 39,520 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verra Mobility Corp President and CEO David Martin Roberts reported a stock-based compensation event. He was granted 93,362 shares of Class A Common Stock earned under a 2023 performance share unit award. Of these, 39,520 shares were withheld to satisfy tax obligations at a price of $16.70 per share. Following these transactions, he holds 842,569 shares directly and 219,745 shares indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
ROBERTS DAVID MARTIN
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 93,362 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 39,520 | $16.70 | $660K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 882,089 shares (Direct);
Class A Common Stock — 219,745 shares (Indirect, Trust)
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 did Verra Mobility (VRRM) CEO report in this Form 4 filing?
Verra Mobility CEO David Martin Roberts reported a stock-based compensation event. He received Class A Common Stock under a performance share unit award, with a portion of shares withheld to cover taxes, changing both his direct and indirect ownership positions in VRRM.
What indirect Verra Mobility (VRRM) holdings does the CEO report?
The CEO reports 219,745 Verra Mobility shares held indirectly through a trust. This indirect position is listed separately from his direct ownership, giving a clearer picture of his overall economic exposure to the company’s Class A Common Stock.
Was the Verra Mobility (VRRM) Form 4 transaction an open-market sale?
No, the Form 4 does not show an open-market sale by the CEO. The disposition of 39,520 shares is identified as tax-withholding, meaning shares were withheld to cover tax liabilities upon vesting, rather than sold on the open market.