Vestis Corp (VSTS) CFO awarded 35,064 RSUs and 88,968 options at $7.13
Rhea-AI Filing Summary
Vestis Corporation executive vice president and chief financial officer received new equity awards in the form of common stock and stock options. On December 9, 2025, the officer acquired 35,064 shares of common stock as restricted stock units at a price of $0, bringing directly held common shares to 256,162 after the transaction. The same day, the officer was granted 88,968 stock options with an exercise price of $7.13 per share, all held directly.
The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date. The stock options, which are exercisable for 88,968 shares of common stock, also vest in three equal annual installments beginning on the first anniversary of the grant date and have an expiration date of December 9, 2035.
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FAQ
What executive transaction did Vestis Corp (VSTS) report in this Form 4?
Vestis Corp reported that its executive vice president and chief financial officer acquired 35,064 shares of common stock as restricted stock units and was granted 88,968 stock options on December 9, 2025.
What is the exercise price and term of the new Vestis Corp (VSTS) stock options?
The newly granted stock options have an exercise price of $7.13 per share and an expiration date of December 9, 2035.
How do the Vestis Corp (VSTS) restricted stock units and options vest?
The 35,064 restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date, and the 88,968 stock options vest on the same schedule.
How many Vestis Corp (VSTS) shares does the reporting person own after this transaction?
After the reported transaction, the officer beneficially owns 256,162 shares of common stock directly and 88,968 stock options directly.
What is the role of the reporting person at Vestis Corp (VSTS)?
The reporting person is an officer of Vestis Corp, serving as EVP & CFO.