Vestis Corp (VSTS) awards RSUs and stock options to chief accounting officer
Rhea-AI Filing Summary
Vestis Corporation reported a routine equity award to its chief accounting officer. On 12/09/2025, the officer received 4,734 shares of common stock as restricted stock units at a stated price of $0, bringing total directly held common shares to 45,853 after the grant. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.
On the same date, the officer was also granted stock options covering 12,011 shares of common stock at an exercise price of $7.13 per share. These options expire on 12/09/2035 and vest in three equal annual installments starting on the first anniversary of the grant date. All reported holdings are shown as directly owned.
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FAQ
What equity awards did Vestis Corp (VSTS) grant to its officer on 12/09/2025?
On 12/09/2025, a Vestis Corp chief accounting officer received 4,734 shares of common stock in the form of restricted stock units and stock options covering 12,011 shares of common stock.
How many Vestis Corp (VSTS) shares does the officer own after the reported transactions?
Following the reported transactions, the officer beneficially owns 45,853 shares of Vestis Corp common stock directly.
What are the vesting terms of the restricted stock units at Vestis Corp (VSTS)?
The 4,734 restricted stock units vest in three equal annual installments, beginning on the first anniversary of the 12/09/2025 grant date.
What are the key terms of the stock options granted by Vestis Corp (VSTS)?
The stock options cover 12,011 shares of common stock at an exercise price of $7.13 per share, vest in three equal annual installments starting on the first anniversary of the grant, and expire on 12/09/2035.
Are the Vestis Corp (VSTS) equity awards reported as directly or indirectly owned?
Both the common stock and the stock options are reported as directly owned by the officer.
What type of security is involved in the Vestis Corp (VSTS) Form 4 filing?
The filing involves common stock with a par value of $0.01 per share and stock options (rights to buy common stock).