STOCK TITAN

[Form 4] Verra Mobility Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Hiten M. Patel, identified as a Director and the Chief Accounting Officer of Verra Mobility Corporation (VRRM), reported insider transactions dated 08/09/2025 involving restricted stock units that convert into Class A common stock. The filing shows restricted stock units (RSUs) recorded in Table II and corresponding share movements in Table I: RSUs of 3,184 and 1,006 are listed as acquired/vested (transaction code M) and 1,347 and 425 shares were withheld to satisfy tax liabilities (transaction code F) at $23.49 per share.

The explanatory notes state the RSUs were originally granted on 08/09/2024 and vest in installments beginning 08/09/2025: one grant vests in two equal annual installments and the other vests in four equal annual installments. Each RSU represents a contingent right to receive one share of Class A common stock; vested RSUs will be delivered on settlement dates specified in the grant notes.

Hiten M. Patel, indicato come direttore e Chief Accounting Officer di Verra Mobility Corporation (VRRM), ha segnalato operazioni interne in data 08/09/2025 relative a unità azionarie vincolate che si convertono in azioni ordinarie di Classe A. La comunicazione riporta restricted stock units (RSU) nella Tabella II e i movimenti azionari corrispondenti nella Tabella I: RSU di 3,184 e 1,006 registrate come acquisite/vestite (codice transazione M) e 1,347 e 425 azioni trattenute per il pagamento delle imposte (codice transazione F) al prezzo di $23.49 per azione.

Le note esplicative indicano che le RSU sono state originariamente assegnate il 08/09/2024 e maturano in rate a partire dal 08/09/2025: una assegnazione matura in due rate annuali uguali e l'altra in quattro rate annuali uguali. Ciascuna RSU rappresenta il diritto condizionato a ricevere una azione ordinaria di Classe A; le RSU maturate saranno consegnate nelle date di liquidazione specificate nelle note del grant.

Hiten M. Patel, identificado como Director y Chief Accounting Officer de Verra Mobility Corporation (VRRM), informó transacciones internas con fecha 08/09/2025 relacionadas con unidades restringidas de acciones que se convierten en acciones ordinarias Clase A. La presentación muestra restricted stock units (RSUs) registradas en la Tabla II y los movimientos de acciones correspondientes en la Tabla I: RSUs de 3,184 y 1,006 registradas como adquiridas/vestidas (código de transacción M) y 1,347 y 425 acciones retenidas para cubrir obligaciones fiscales (código de transacción F) a $23.49 por acción.

Las notas explicativas indican que las RSUs se otorgaron originalmente el 08/09/2024 y se devengan en cuotas a partir del 08/09/2025: una concesión se devenga en dos cuotas anuales iguales y la otra en cuatro cuotas anuales iguales. Cada RSU representa el derecho contingente a recibir una acción ordinaria Clase A; las RSUs devengadas se entregarán en las fechas de liquidación especificadas en las notas del otorgamiento.

Hiten M. Patel는 Verra Mobility Corporation(VRRM)의 이사 겸 최고회계책임자로 확인되었으며, 08/09/2025자 내부거래를 신고했는데 이는 클래스 A 보통주로 전환되는 제한주식단위와 관련됩니다. 제출 서류에는 표 II에 기재된 restricted stock units (RSU)와 표 I에 대응하는 주식 변동이 표시되어 있습니다: 취득/베스팅(거래 코드 M)으로 기록된 RSU 3,1841,006과 세금 부담을 충당하기 위해 원천징수된(거래 코드 F) 1,347425주가 주당 $23.49에 보고되어 있습니다.

설명 노트에 따르면 해당 RSU는 08/09/2024에 부여되었고 08/09/2025부터 분할로 베스팅됩니다: 한 건은 동일한 연간 2회 분할로 베스팅되고 다른 한 건은 동일한 연간 4회 분할로 베스팅됩니다. 각 RSU는 클래스 A 보통주 1주를 수령할 수 있는 조건부 권리를 의미하며, 베스팅된 RSU는 부여 문서에 명시된 정산일에 지급됩니다.

Hiten M. Patel, identifié comme administrateur et Chief Accounting Officer de Verra Mobility Corporation (VRRM), a déclaré des opérations d'initié datées du 08/09/2025 portant sur des unités d'actions restreintes convertibles en actions ordinaires de classe A. Le dossier indique des restricted stock units (RSUs) inscrites dans le Tableau II et les mouvements de titres correspondants dans le Tableau I : des RSU de 3,184 et 1,006 sont enregistrées comme acquises/vestées (code transaction M) et 1,347 et 425 actions ont été retenues pour couvrir les obligations fiscales (code transaction F) au prix de $23.49 par action.

Les notes explicatives précisent que les RSU ont été initialement attribuées le 08/09/2024 et qu'elles acquièrent des droits par tranches à partir du 08/09/2025 : une attribution s'acquiert en deux tranches annuelles égales et l'autre en quatre tranches annuelles égales. Chaque RSU représente le droit conditionnel de recevoir une action ordinaire de classe A ; les RSU acquises seront livrées aux dates de règlement indiquées dans les notes d'attribution.

Hiten M. Patel, als Director und Chief Accounting Officer von Verra Mobility Corporation (VRRM) ausgewiesen, meldete Insider-Transaktionen vom 08/09/2025, die Restricted Stock Units betreffen, die in Stammaktien der Klasse A umgewandelt werden. Die Meldung weist restricted stock units (RSUs) in Tabelle II und die entsprechenden Aktienbewegungen in Tabelle I aus: RSUs von 3,184 und 1,006 wurden als erworben/vested (Transaktionscode M) verbucht, und 1,347 bzw. 425 Aktien wurden zur Begleichung von Steuerverbindlichkeiten einbehalten (Transaktionscode F) zum Preis von $23.49 je Aktie.

Den erläuternden Hinweisen zufolge wurden die RSUs ursprünglich am 08/09/2024 gewährt und werden ab dem 08/09/2025 in Raten vested: eine Zuteilung vested in zwei gleichen jährlichen Raten, die andere in vier gleichen jährlichen Raten. Jede RSU stellt das bedingte Recht dar, eine Stammaktie der Klasse A zu erhalten; die vested RSUs werden an den in den Gewährungsunterlagen angegebenen Abwicklungsterminen geliefert.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine executive RSU vesting with tax withholding; not likely material to valuation.

The Form 4 documents standard compensation settlement activity: two categories of RSUs tied to grants from 08/09/2024 vested (listed amounts 3,184 and 1,006 RSUs). The filing records net delivery adjustments via tax-withholding dispositions (1,347 and 425 shares withheld) executed at $23.49 per share. This pattern is consistent with scheduled equity compensation vesting rather than opportunistic trading. Absent larger-scale disposals or new grants, the transaction appears administrative and retention-focused rather than a signal of material corporate change.

TL;DR: Insider vesting and tax withholding disclosed; customary governance disclosure, limited investor impact.

The report identifies Hiten M. Patel as both a director and the Chief Accounting Officer, and documents conversion rights (RSUs) into Class A common stock. The explanatory notes explicitly describe grant dates and vesting schedules (two-equal and four-equal annual installments starting 08/09/2025), and confirm shares withheld to satisfy tax obligations. From a governance perspective, transparent reporting of vesting and withholding aligns with disclosure norms and does not by itself imply risk to shareholders beyond routine dilution from compensation programs already disclosed in prior grant documents.

Hiten M. Patel, indicato come direttore e Chief Accounting Officer di Verra Mobility Corporation (VRRM), ha segnalato operazioni interne in data 08/09/2025 relative a unità azionarie vincolate che si convertono in azioni ordinarie di Classe A. La comunicazione riporta restricted stock units (RSU) nella Tabella II e i movimenti azionari corrispondenti nella Tabella I: RSU di 3,184 e 1,006 registrate come acquisite/vestite (codice transazione M) e 1,347 e 425 azioni trattenute per il pagamento delle imposte (codice transazione F) al prezzo di $23.49 per azione.

Le note esplicative indicano che le RSU sono state originariamente assegnate il 08/09/2024 e maturano in rate a partire dal 08/09/2025: una assegnazione matura in due rate annuali uguali e l'altra in quattro rate annuali uguali. Ciascuna RSU rappresenta il diritto condizionato a ricevere una azione ordinaria di Classe A; le RSU maturate saranno consegnate nelle date di liquidazione specificate nelle note del grant.

Hiten M. Patel, identificado como Director y Chief Accounting Officer de Verra Mobility Corporation (VRRM), informó transacciones internas con fecha 08/09/2025 relacionadas con unidades restringidas de acciones que se convierten en acciones ordinarias Clase A. La presentación muestra restricted stock units (RSUs) registradas en la Tabla II y los movimientos de acciones correspondientes en la Tabla I: RSUs de 3,184 y 1,006 registradas como adquiridas/vestidas (código de transacción M) y 1,347 y 425 acciones retenidas para cubrir obligaciones fiscales (código de transacción F) a $23.49 por acción.

Las notas explicativas indican que las RSUs se otorgaron originalmente el 08/09/2024 y se devengan en cuotas a partir del 08/09/2025: una concesión se devenga en dos cuotas anuales iguales y la otra en cuatro cuotas anuales iguales. Cada RSU representa el derecho contingente a recibir una acción ordinaria Clase A; las RSUs devengadas se entregarán en las fechas de liquidación especificadas en las notas del otorgamiento.

Hiten M. Patel는 Verra Mobility Corporation(VRRM)의 이사 겸 최고회계책임자로 확인되었으며, 08/09/2025자 내부거래를 신고했는데 이는 클래스 A 보통주로 전환되는 제한주식단위와 관련됩니다. 제출 서류에는 표 II에 기재된 restricted stock units (RSU)와 표 I에 대응하는 주식 변동이 표시되어 있습니다: 취득/베스팅(거래 코드 M)으로 기록된 RSU 3,1841,006과 세금 부담을 충당하기 위해 원천징수된(거래 코드 F) 1,347425주가 주당 $23.49에 보고되어 있습니다.

설명 노트에 따르면 해당 RSU는 08/09/2024에 부여되었고 08/09/2025부터 분할로 베스팅됩니다: 한 건은 동일한 연간 2회 분할로 베스팅되고 다른 한 건은 동일한 연간 4회 분할로 베스팅됩니다. 각 RSU는 클래스 A 보통주 1주를 수령할 수 있는 조건부 권리를 의미하며, 베스팅된 RSU는 부여 문서에 명시된 정산일에 지급됩니다.

Hiten M. Patel, identifié comme administrateur et Chief Accounting Officer de Verra Mobility Corporation (VRRM), a déclaré des opérations d'initié datées du 08/09/2025 portant sur des unités d'actions restreintes convertibles en actions ordinaires de classe A. Le dossier indique des restricted stock units (RSUs) inscrites dans le Tableau II et les mouvements de titres correspondants dans le Tableau I : des RSU de 3,184 et 1,006 sont enregistrées comme acquises/vestées (code transaction M) et 1,347 et 425 actions ont été retenues pour couvrir les obligations fiscales (code transaction F) au prix de $23.49 par action.

Les notes explicatives précisent que les RSU ont été initialement attribuées le 08/09/2024 et qu'elles acquièrent des droits par tranches à partir du 08/09/2025 : une attribution s'acquiert en deux tranches annuelles égales et l'autre en quatre tranches annuelles égales. Chaque RSU représente le droit conditionnel de recevoir une action ordinaire de classe A ; les RSU acquises seront livrées aux dates de règlement indiquées dans les notes d'attribution.

Hiten M. Patel, als Director und Chief Accounting Officer von Verra Mobility Corporation (VRRM) ausgewiesen, meldete Insider-Transaktionen vom 08/09/2025, die Restricted Stock Units betreffen, die in Stammaktien der Klasse A umgewandelt werden. Die Meldung weist restricted stock units (RSUs) in Tabelle II und die entsprechenden Aktienbewegungen in Tabelle I aus: RSUs von 3,184 und 1,006 wurden als erworben/vested (Transaktionscode M) verbucht, und 1,347 bzw. 425 Aktien wurden zur Begleichung von Steuerverbindlichkeiten einbehalten (Transaktionscode F) zum Preis von $23.49 je Aktie.

Den erläuternden Hinweisen zufolge wurden die RSUs ursprünglich am 08/09/2024 gewährt und werden ab dem 08/09/2025 in Raten vested: eine Zuteilung vested in zwei gleichen jährlichen Raten, die andere in vier gleichen jährlichen Raten. Jede RSU stellt das bedingte Recht dar, eine Stammaktie der Klasse A zu erhalten; die vested RSUs werden an den in den Gewährungsunterlagen angegebenen Abwicklungsterminen geliefert.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Patel Hiten M

(Last) (First) (Middle)
1150 NORTH ALMA SCHOOL ROAD

(Street)
MESA AZ 85201

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VERRA MOBILITY Corp [ VRRM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/09/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/09/2025 M 3,184 A $0(1) 3,184 D
Class A Common Stock 08/09/2025 F(2) 1,347 D $23.49 1,837 D
Class A Common Stock 08/09/2025 M 1,006 A $0(1) 2,843 D
Class A Common Stock 08/09/2025 F(2) 425 D $23.49 2,418 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0(1) 08/09/2025 M 3,184 (3) (3) Class A Common Stock 3,184 $0 3,184 D
Restricted Stock Units $0(1) 08/09/2025 M 1,006 (4) (4) Class A Common Stock 1,006 $0 3,019 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock.
2. Shares withheld to satisfy tax liability upon vesting of restricted stock units.
3. On August 9, 2024, the reporting person was granted restricted stock units, vesting in two (2) equal annual installments beginning on August 9, 2025. Vested shares will be delivered to the reporting person on each settlement date.
4. On August 9, 2024, the reporting person was granted restricted stock units, vesting in four (4) equal annual installments beginning on August 9, 2025. Vested shares will be delivered to the reporting person on each settlement date.
/s/ Hiten M. Patel, by Raphael Avraham, as Attorney-in-Fact 08/11/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 4 for VRRM?

The filing was made by Hiten M. Patel, listed as a Director and the Chief Accounting Officer of Verra Mobility Corporation (VRRM).

What transactions are reported on the Form 4 for VRRM?

The Form 4 reports vesting/conversion of restricted stock units (RSUs) into Class A common stock and related tax-withholding share dispositions.

How many RSUs vested and how many shares were withheld for taxes?

The filing lists RSUs of 3,184 and 1,006. To satisfy tax liabilities, 1,347 and 425 shares were withheld, respectively (total withheld 1,772 shares).

At what price were withheld shares settled?

Withheld shares to satisfy tax liability were recorded at $23.49 per share.

When were the RSUs originally granted and what are the vesting schedules?

The RSUs were granted on 08/09/2024. One grant vests in two equal annual installments beginning 08/09/2025; the other vests in four equal annual installments beginning 08/09/2025.

What does each restricted stock unit represent?

Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock upon settlement.
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