Vestis Corp (VSTS) executive uses 1,250 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vestis Corporation executive Andre C. Bouchard, EVP, CLO & General Counsel, reported a routine share withholding tied to equity compensation. On February 1, 2026, 1,250 shares of Vestis common stock were withheld at $6.53 per share to cover taxes on vesting restricted stock units. After this tax-related transaction, Bouchard directly owned about 110,552.391 shares of Vestis common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bouchard Andre C
Role
EVP, CLO & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 1,250 | $6.53 | $8K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 110,552.391 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Vestis Corp (VSTS) report for Andre C. Bouchard?
Vestis Corp reported that executive Andre C. Bouchard had 1,250 common shares withheld on February 1, 2026. These shares were used to pay taxes triggered by the vesting of restricted stock units rather than being sold in the open market.
Does the Vestis Corp (VSTS) Form 4 indicate an open market sale by the executive?
No, the filing indicates a tax withholding event rather than an open market sale. Shares were retained by the company to cover taxes due upon vesting of restricted stock units, a common administrative feature of equity compensation programs.
What role does Andre C. Bouchard hold at Vestis Corp (VSTS)?
Andre C. Bouchard serves as Executive Vice President, Chief Legal Officer, and General Counsel at Vestis Corp. His position is disclosed in the insider ownership report alongside details of the tax-related share withholding transaction on February 1, 2026.
What does the transaction code "F" mean in the Vestis Corp (VSTS) Form 4?
Transaction code "F" signifies shares withheld to pay taxes in connection with equity awards. In this case, 1,250 Vestis Corp shares were withheld to cover taxes on vesting restricted stock units granted to executive Andre C. Bouchard.