Verra Mobility (VRRM) Insider RSU Vesting: Tax Withholding at $23.49

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.

Insights

Securities/Equity Compensation Analyst

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.

Corporate Governance Expert

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.

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

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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.
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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.