VSE Corp CFO has 5,998 RSUs vest, 2,624 withheld
VSE CORP’s chief financial officer reported RSU vesting with tax withholding, leaving a remaining RSU balance under a Rule 10b5-1 plan.
Rhea-AI Filing Summary
VSE CORP (VSEC) reported that Chief Financial Officer Adam Robert Cohn had 5,998 restricted stock units vest on September 11, 2026, resulting in the same number of shares of common stock. To cover related taxes, 2,624 shares of common stock were withheld at $194.98 per share. Following this vesting event, Cohn continues to hold 11,996 restricted stock units. The company indicates these transactions were carried out under a Rule 10b5-1 trading plan. The vested RSUs relate to an award granted on September 11, 2024 that vests 25% in 2025, 25% in 2026, and 50% in 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F4 | 5,998 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $.05 F1, F2 | 5,998 | -- | -- |
| Tax Withholding | Common Stock, par value $.05 F3 | 2,624 | $194.98 | $512K |
Footnotes (4)
- F1. Represents acquisition of shares of VSE common stock upon vesting of RSUs.
- F2. Each restricted stock unit represents a right to receive one share of VSEC common stock.
- F3. Represents withholding of shares of VSE common stock for the tax liability associated with the vesting of RSUs.
- F4. These restricted stock units granted on September 11, 2024 vest in the following installments: 25% on September 11, 2025, 25% on September 11, 2026, and 50% on September 11, 2027.
Key Figures
Key Terms
Restricted Stock Units financial
tax liability financial
Rule 10b5-1 trading plan regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity activity did VSEC’s CFO report on this Form 4?
How many restricted stock units does VSEC’s CFO still hold after this transaction?
Were the VSEC CFO’s reported transactions under a Rule 10b5-1 trading plan?
What is the vesting schedule of the RSUs reported by VSEC’s CFO?
What type of security was involved in the VSEC CFO’s derivative transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.