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VSTS Insider Grant: 200,000 RSUs Awarded to EVP & CFO, Vesting Over 2–3 Years

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Vestis Corporation (VSTS) reported an insider acquisition by EVP & CFO Kelly Janzen: 200,000 restricted stock units (RSUs) were granted on 08/25/2025 at no cash price, increasing Mr. Janzen's reported direct beneficial ownership to 221,098 shares. The filing states the RSUs vest in installments: two-thirds on the second anniversary of the grant date and one-third on the third anniversary, and the transaction was reported on 08/26/2025.

Positive

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Negative

  • None.

Insights

TL;DR: A senior executive received 200,000 RSUs, raising direct holdings to 221,098 shares; vesting schedule ties retention to multi-year tenure.

The grant is a compensation and retention event rather than an immediate cash investment by the executive, since the RSUs were awarded at $0 cash price and vest over two-to-three years. For investors, this aligns management incentives with long-term performance but does not immediately change share float or liquidity. The filing contains no additional cash-based purchases, sales, or changes to derivative holdings.

TL;DR: The RSU grant is a standard retention vehicle for an EVP & CFO and increases disclosed direct ownership, supporting governance alignment.

From a governance perspective, the award structure (two-thirds at year two, one-third at year three) encourages continued service and performance focus. The Form 4 clearly discloses the grant and vesting terms; there are no indications of related-party transactions or accelerated vesting disclosed in this filing. Materiality is limited to compensation disclosure.

Insider Janzen Kelly
Role EVP & CFO
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.01 per share 200,000 $0.00 --
Holdings After Transaction: Common Stock, par value $0.01 per share — 221,098 shares (Direct)
Footnotes (1)
  1. [object Object]
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Janzen Kelly

(Last) (First) (Middle)
VESTIS CORPORATION
1035 ALPHARETTA STREET, SUITE 2100

(Street)
ROSWELL GA 30075

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Vestis Corp [ VSTS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CFO
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 08/25/2025 A 200,000(1) A $0 221,098 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units, two-thirds of which vest on the second anniversary of the date of grant and one-third of which vest on the third anniversary of the date of grant.
Remarks:
/s/ Brian J. Casey, as Attorney-in-fact 08/26/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Vestis Corporation

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