Vestis director awarded 18,253 restricted stock units
Vestis Corp director receives stock-based award.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Vestis Corp director receives stock-based award. Director Koschel Williams Ena acquired 18,253 shares of Vestis Corp common stock on a grant/award basis, reflected as restricted stock units granted at no cash cost. These units vest on the earlier of one year from grant or just before the company’s next annual shareholder meeting, contingent on continued board service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 18,253 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents restricted stock units, which vest on the earlier of: (1) the first anniversary of the grant date, or (2) the day prior to the Issuer's next annual general meeting of stockholders to occur after the grant date, subject to the Reporting Person's continued service on the Issuer's board of directors through such date.
- F2. Includes an additional 0.006 shares due to rounding upon settlement of vested awards.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Vestis Corp (VSTS) report for Koschel Williams Ena?
What are the vesting terms of the Vestis Corp (VSTS) restricted stock units?
Is the Vestis Corp (VSTS) Form 4 transaction a buy or a grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.