Vestis (NYSE: VSTS) interim CFO Adam Bowen has 490 shares withheld for RSU taxes
Rhea-AI Filing Summary
Vestis Corp interim CFO Adam Bowen reported a small share disposition related to taxes on vesting equity awards. On March 1, 2026, 490 shares of common stock were withheld at $7.87 per share to cover tax liabilities from restricted stock units vesting. After this tax-withholding transaction, Bowen directly owns 85,299 shares of Vestis common stock.
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Insider Trade Summary
Net Seller: 490 shares
Net Sell
1 txn
Insider
Bowen Adam
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 490 | $7.87 | $4K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 85,299 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to pay taxes applicable to vesting of restricted stock units.
FAQ
What insider transaction did Vestis Corp (VSTS) report for Adam Bowen?
Vestis Corp reported that interim CFO Adam Bowen had 490 common shares withheld to pay taxes tied to restricted stock units vesting. This tax-withholding disposition used existing shares rather than representing an open-market sale.
What does transaction code F mean in the Vestis (VSTS) Form 4 for Adam Bowen?
Transaction code F indicates a payment of tax liability by delivering securities. In this case, 490 Vestis shares were withheld to pay taxes arising from the vesting of restricted stock units held by interim CFO Adam Bowen.
AI-generated analysis. How Rhea-AI works. Not financial advice.