Vestis (VSTS) director reports 25,076 restricted stock units grant
Rhea-AI Filing Summary
Vestis Corporation disclosed that one of its directors received 25,076 restricted stock units of common stock on 01/02/2026 in lieu of a cash board retainer. The units were granted at a stated price of $0, reflecting non-cash equity compensation rather than a market purchase.
These restricted stock units vest in four equal annual installments on April 2, 2026, July 2, 2026, October 2, 2026 and January 2, 2027. Following this grant, the director beneficially owns 168,855.351 shares of Vestis common stock, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 25,076 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units received in lieu of cash retainer, which vest in four equal annual installments on April 2, 2026, July 2, 2026, October 2, 2026 and January 2, 2027.
FAQ
What insider transaction did Vestis Corp (VSTS) report in this filing?
The filing reports that a Vestis Corporation director received 25,076 restricted stock units of common stock on 01/02/2026 as equity compensation.
Was cash paid for the Vestis (VSTS) restricted stock units granted to the director?
No cash was paid. The 25,076 restricted stock units were received at a stated price of $0, in lieu of a cash board retainer.
What is the vesting schedule for the 25,076 Vestis (VSTS) restricted stock units?
The restricted stock units vest in four equal annual installments on April 2, 2026, July 2, 2026, October 2, 2026 and January 2, 2027.
What role does the reporting person have at Vestis Corp (VSTS)?
The reporting person is identified as a director of Vestis Corporation.
Is this Vestis (VSTS) insider Form 4 filed by one or multiple reporting persons?
The document indicates it is a Form filed by one reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.