Vestis director awarded 18,253 RSUs
Jokinen Tracy C reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Jokinen Tracy C reported acquisition or exercise transactions in this Form 4 filing.
Vestis Corp director Tracy C. Jokinen received an equity award of 18,253 shares of common stock in the form of restricted stock units at a price of $0.00 per share. These units vest on the earlier of the first anniversary of the grant date or the day before Vestis Corp’s next annual general meeting of stockholders, subject to her continued service on the board.
After this award, Jokinen holds a total of 56,378.359 common shares, which includes an additional 0.006 share attributed to rounding upon settlement of previously vested awards.
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 Tracy C. Jokinen?
How do the new restricted stock units for Vestis Corp (VSTS) director vest?
What type of security was granted to the Vestis Corp (VSTS) director?
AI-generated analysis. How Rhea-AI works. Not financial advice.