Vestis director granted 26,076 shares in stock award
Holloman James Phillip reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Holloman James Phillip reported acquisition or exercise transactions in this Form 4 filing.
Vestis Corp director James Phillip Holloman received a grant of 26,076 shares of common stock as a stock award. The award consists of restricted stock units that vest on the earlier of the first anniversary of the grant date or the day before Vestis Corp’s next annual stockholder meeting, subject to his continued board service. Following this grant, he directly holds 194,931.36 shares, which include an additional 0.009 share attributable to rounding upon settlement of prior vested awards.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 26,076 | $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 0.009 shares due to rounding upon settlement of vested awards.
FAQ
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What insider transaction did Vestis Corp (VSTS) director James Phillip Holloman report?
What type of equity did Vestis Corp (VSTS) grant to James Phillip Holloman?
When do James Phillip Holloman’s Vestis Corp (VSTS) restricted stock units vest?
What do the rounding footnotes mean in James Phillip Holloman’s Vestis Corp (VSTS) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.