Verra Mobility (NASDAQ: VRRM) EVP RSUs vest; 5,058 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verra Mobility Corp executive Jonathan Baldwin reported routine equity compensation activity involving restricted stock units (RSUs). On May 11, 2026, 10,917 RSUs granted on May 11, 2022 vested, converting into 10,917 shares of Class A Common Stock at a stated conversion price of $0.00 per share.
To cover tax obligations triggered by this vesting, 5,058 shares were withheld at a price of $13.79 per share, a non‑market, tax-withholding disposition. These transactions reflect compensation vesting and tax settlement rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,917 shares exercised/converted
Mixed
3 txns
Insider
Baldwin Jonathan
Role
EVP-Government Solutions
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,917 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,917 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 5,058 | $13.79 | $70K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Class A Common Stock — 48,804 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. Shares withheld to satisfy tax liability upon vesting of restricted stock units. On May 11, 2022, the reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning May 11, 2023. Vested shares will be delivered to the reporting person on each settlement date.
Key Figures
RSUs vested: 10,917 units
Shares withheld for taxes: 5,058 shares
Tax withholding price: $13.79 per share
+1 more
4 metrics
RSUs vested
10,917 units
Restricted stock units converting into Class A Common Stock on May 11, 2026
Shares withheld for taxes
5,058 shares
Withheld to satisfy tax liability upon RSU vesting
Tax withholding price
$13.79 per share
Price used for shares withheld to cover tax obligations
RSU grant vesting structure
4 equal annual installments
RSUs granted May 11, 2022, vesting annually beginning May 11, 2023
Key Terms
Restricted Stock Units, tax liability, derivative security
3 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.
tax liability financial
"Shares withheld to satisfy tax liability upon vesting of restricted stock units."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider activity did Verra Mobility (VRRM) report for Jonathan Baldwin?
Jonathan Baldwin reported RSU vesting and related tax withholding. On May 11, 2026, 10,917 restricted stock units converted into Class A shares, and 5,058 shares were withheld to satisfy tax liabilities associated with this vesting event.
How many Verra Mobility (VRRM) RSUs vested for Jonathan Baldwin?
A total of 10,917 restricted stock units vested for Jonathan Baldwin. Each RSU represented a contingent right to receive one share of Verra Mobility Class A Common Stock, granted in 2022 and vesting in four equal annual installments.
What was the purpose of the RSU grant reported by Verra Mobility (VRRM)?
The RSU grant formed part of the executive’s equity compensation. Granted May 11, 2022, it vested in four equal annual installments starting May 11, 2023, delivering Class A shares to the executive as each installment vested and settled.