[Form 4] VSE CORP Insider Trading Activity

Rhea-AI Filing Summary

Mark E. Ferguson III, a director of VSE Corp (ticker: VSEC), reported a transaction on 09/15/2025 in which 32 shares of Common Stock were acquired as payment for a portion of his quarterly cash retainer. The shares were recorded at a unit price of $165.48, and following the issuance Mr. Ferguson directly beneficially owned 32 shares arising from this transaction. The Form 4 was signed by an attorney-in-fact on 09/17/2025 and notes the issuance is for director compensation rather than a market purchase.

Insights

Securities Analyst

TL;DR: Routine director compensation issued as shares; transaction is administrative and not materially impactful to equity holders.

This Form 4 documents a non-market issuance of 32 common shares to a director as a partial cash retainer. The filing explicitly states the shares were issued for director service; no derivative transactions, dispositions, or changes in broader ownership stakes are disclosed. Given the small number of shares and the context of routine compensation, the transaction appears administrative and not material to the company’s capital structure.

Corporate Governance Expert

TL;DR: Director received equity in lieu of cash retainer; disclosure follows Section 16 requirements and contains no governance red flags.

The report identifies the reporting person as a director and shows the issuance was for quarterly compensation. The Form 4 includes the reporting person’s address, the transaction date, and the consideration per share. There are no indications of related-party loans, option exercises, or changes in control. The signature by an attorney-in-fact and the explanatory note align with typical administrative filings for director compensation.

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).

1. Name and Address of Reporting Person^*

FERGUSON III MARK E

(Last) (First) (Middle)

3361 ENTERPRISE WAY

(Street)

MIRAMAR FL 33025

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
VSE CORP [ VSEC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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
Common Stock, par value $.05	09/15/2025		A		32(1)	A	$165.48	32	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

Explanation of Responses:

1. Represents shares issued for a portion of the quarterly cash retainer for service as a director.

	Tobi Lebowitz, Attorney-in-Fact	09/17/2025
	** 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

What transaction did VSEC director Mark E. Ferguson III report on Form 4?

He reported the acquisition of 32 shares of VSE Corp common stock on 09/15/2025 issued as part of his quarterly cash retainer.

At what price were the shares issued in the VSEC Form 4?

The shares were recorded at a unit price of $165.48 per share.

Did the Form 4 for VSEC indicate a sale or disposition of shares?

No. The Form 4 shows an acquisition (A) of shares; there were no dispositions reported in this filing.

How many shares does the Form 4 show Mark Ferguson owned following the transaction?

The filing reports 32 shares beneficially owned following the reported transaction.

Who signed the VSEC Form 4 and when?

The Form 4 was signed by Tobi Lebowitz, Attorney-in-Fact on 09/17/2025.