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VSTS Insider Filing: Grant Shih Receives 80,000 Restricted Stock Units

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

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 Shih Grant
Role EVP and CTO
Type Security Shares Price Value
Grant/Award Common Stock, par value $0.01 per share 80,000 $0.00 --
Holdings After Transaction: Common Stock, par value $0.01 per share — 91,680.651 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*
Shih Grant

(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 and CTO
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 80,000(1) A $0 91,680.651 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.

FAQ

What transaction did Grant Shih report on the Form 4 for VSTS?

The Form 4 reports an acquisition of 80,000 restricted stock units on 08/25/2025.

How many shares does Grant Shih beneficially own after the reported transaction?

The filing reports 91,680.651 shares beneficially owned following the transaction.

What is the vesting schedule for the 80,000 restricted stock units?

The RSUs vest with two-thirds on the second anniversary of the grant date and one-third on the third anniversary.

What is Grant Shih's role at Vestis Corporation as listed on the form?

He is listed as a Director and an Officer with the title EVP and CTO.

Was a price listed for the awarded restricted stock units?

The transaction is recorded at a price of $0 per unit in the Form 4.

When was the Form 4 signed and by whom?

The filing was signed by Brian J. Casey, as Attorney-in-fact on 08/26/2025.
Vestis Corporation

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