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Vestis Corp (VSTS) director and 10% owner adds shares in insider buying

Filing Impact
(High)
Filing Sentiment
(Very Positive)
Form Type
4

Rhea-AI Filing Summary

Vestis Corporation director and 10% owner Keith Meister, together with Corvex Management LP–advised funds, reported additional open-market purchases of Vestis common stock. On 12/16/2025, the reporting persons bought 800,222 shares at a weighted average price of $6.81 per share, and on 12/17/2025 they purchased another 209,842 shares at a weighted average price of $6.79 per share.

The filing states that, after these transactions, investment funds advised by Corvex directly hold 19,813,963 Vestis common shares, which Mr. Meister may be deemed to indirectly beneficially own. It also notes 16,231.994 shares received in connection with restricted stock units and dividend equivalents for Mr. Meister’s service on Vestis’s board, while Corvex and Mr. Meister each disclaim beneficial ownership beyond their pecuniary interest.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Meister Keith A.

(Last) (First) (Middle)
C/O CORVEX MANAGEMENT LP
667 MADISON AVENUE

(Street)
NEW YORK NY 10065

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Vestis Corp [ VSTS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X 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 12/16/2025 P 800,222 A $6.81(1) 19,604,121 I See footnotes(2)(3)
Common Stock 12/17/2025 P 209,842 A $6.79(4) 19,813,963 I See footnotes(2)(3)
Common Stock 16,231.994(5) 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
1. Name and Address of Reporting Person*
Meister Keith A.

(Last) (First) (Middle)
C/O CORVEX MANAGEMENT LP
667 MADISON AVENUE

(Street)
NEW YORK NY 10065

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Corvex Management LP

(Last) (First) (Middle)
667 MADISON AVENUE

(Street)
NEW YORK NY 10065

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.67 to $7.00, inclusive. The reporting persons undertake to provide to Vestis Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1) and (4) to this Form 4.
2. Investment funds advised by Corvex Management LP ("Corvex") directly hold 19,813,963 shares of common stock of the Issuer reported herein. Mr. Meister may be deemed to indirectly beneficially own these shares by virtue of Mr. Meister's control of the general partner of Corvex.
3. For the purposes of this filing, each of Corvex or Mr. Meister disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Corvex or Mr. Meister is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.
4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.70 to $6.80, inclusive.
5. Represents shares of common stock received upon the vesting of restricted stock units and additional restricted stock units granted to Mr. Meister in respect of his service on the Board of Directors of the Issuer and additional restricted stock units accrued in connection with the Issuer's quarterly dividend on previously awarded restricted stock units.
/s/ Keith Meister 12/17/2025
CORVEX MANAGEMENT LP Name: /s/ Keith Meister Title: Managing Partner 12/17/2025
** 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 insider activity did Vestis Corp (VSTS) report in this filing?

The filing reports that investment funds advised by Corvex Management LP, linked to director and 10% owner Keith Meister, purchased Vestis common stock in the open market on 12/16/2025 and 12/17/2025, and also discloses shares related to Mr. Meister’s restricted stock units for board service.

How many Vestis Corp (VSTS) shares were bought and at what prices?

On 12/16/2025, the reporting persons bought 800,222 Vestis common shares at a weighted average price of $6.81, with trades ranging from $6.67 to $7.00. On 12/17/2025, they purchased 209,842 shares at a weighted average price of $6.79, with trades between $6.70 and $6.80.

What is the total Vestis Corp (VSTS) stake held by Corvex-advised funds after these transactions?

The filing states that investment funds advised by Corvex Management LP directly hold 19,813,963 Vestis common shares after the reported purchases. Mr. Meister may be deemed to indirectly beneficially own these shares through his control of Corvex’s general partner.

What board-related Vestis Corp (VSTS) equity does Keith Meister hold?

The filing reports 16,231.994 Vestis common shares representing stock received upon the vesting of restricted stock units and additional restricted stock units granted to Keith Meister for his service on the board, including units accrued from Vestis’s quarterly dividend on prior awards.

How is Keith Meister related to Vestis Corp (VSTS) in this insider report?

Keith Meister is identified as both a Director and a 10% Owner of Vestis Corporation. The form is filed by more than one reporting person, including Corvex Management LP and Mr. Meister.

Do Corvex Management LP and Keith Meister claim full beneficial ownership of all reported Vestis (VSTS) shares?

No. The filing states that, for its purposes, each of Corvex and Mr. Meister disclaims beneficial ownership of the reported Vestis securities except to the extent of his or its pecuniary interest, and it notes that the filing is not an admission of beneficial ownership.

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