VSTS Insider Filing: Grant Shih Receives 80,000 Restricted Stock Units
Rhea-AI Filing Summary
Grant Shih, who is listed as a Director and an Officer (EVP and CTO) of Vestis Corporation (VSTS), reported an acquisition on 08/25/2025. The report shows an award of 80,000 restricted stock units granted at a $0 per-share price. After the grant, the filing reports beneficial ownership of 91,680.651 shares. The restricted stock units vest with two-thirds becoming exercisable on the second anniversary of the grant and the remaining one-third on the third anniversary. The Form 4 was signed by an attorney-in-fact on 08/26/2025.
Positive
- 80,000 restricted stock units granted to Grant Shih
- Vesting schedule disclosed: two-thirds on the second anniversary and one-third on the third anniversary
- Beneficial ownership reported at 91,680.651 shares after the grant
- Form 4 properly filed and signed by attorney-in-fact on 08/26/2025
Negative
- None.
Insights
TL;DR: Insider received 80,000 RSUs with multi-year vesting, increasing reported beneficial ownership to 91,680.651 shares.
The filing documents a standard equity grant to an executive who also serves on the board. The award is recorded as restricted stock units with no purchase price listed, and a clear vesting schedule: two-thirds at year two and one-third at year three. This changes the reporting insider's beneficial ownership to 91,680.651 shares as of the transaction date. For investors, this is a compensation-related transaction rather than an open-market purchase or sale; the filing contains no additional financial terms or consideration beyond the vesting description.
TL;DR: Grant is a compensation grant with staggered vesting; disclosure was made via Form 4 and signed by an attorney-in-fact.
The Form 4 appropriately discloses the issuer, reporting person, relationship (Director and EVP/CTO), transaction date, and the nature of the award. The RSU vesting schedule is specified in the explanatory remark. The signature line shows an attorney-in-fact executed the filing on 08/26/2025. The filing is routine for executive compensation and provides the required transparency about timing and vesting of equity awards.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 80,000 | $0.00 | -- |
Footnotes (1)
- [object Object]
FAQ
What transaction did Grant Shih report on the Form 4 for VSTS?
What is the vesting schedule for the 80,000 restricted stock units?
What is Grant Shih's role at Vestis Corporation as listed on the form?
Was a price listed for the awarded restricted stock units?
When was the Form 4 signed and by whom?