Verra Mobility CFO receives share award, pays taxes
Verra Mobility Corp’s Chief Financial Officer Craig C. Conti reported compensation-related share activity.
Rhea-AI Filing Summary
Verra Mobility Corp’s Chief Financial Officer Craig C. Conti reported compensation-related share activity. He received a grant of 27,741 shares of Class A Common Stock at no cost, earned under a 2023 performance share unit award based on performance over the 2023–2026 period.
To cover tax obligations when the units vested, 11,742 shares were withheld at a price of $16.70 per share, which was the closing price on March 2, 2026 and the end date of the performance period. After these transactions, he directly holds 102,409 shares. The activity reflects equity compensation and tax withholding rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 27,741 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 11,742 | $16.70 | $196K |
Footnotes (2)
- F1. Shares earned under the 2023 performance share unit award based on the achievement of performance goals over the 2023-2026 performance period.
- F2. 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
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What did Verra Mobility (VRRM) CFO Craig Conti report in this Form 4?
What is the significance of the $16.70 price in the Verra Mobility (VRRM) Form 4?
Are the Verra Mobility (VRRM) Form 4 transactions open-market trades by the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.