Vestis Corp reported an equity award to one of its directors. On 01/02/2026, the director received 15,958 restricted stock units of Vestis common stock in lieu of a cash retainer, at a price of $0 per share for the award. Following this grant, the director beneficially owns 45,834.994 shares of Vestis common stock in direct ownership.
The restricted stock units vest in four equal annual installments on April 2, 2026, July 2, 2026, October 2, 2026 and January 2, 2027, meaning the director earns the shares over time as service continues on the board.
Vestis Corporation reported that its interim chief financial officer filed a statement of ownership for company stock. On 12/19/2025, the officer acquired 21,835 shares of common stock as restricted stock units at a stated price of $0 per share. These restricted stock units vest in three equal annual installments starting on the first anniversary of the grant date. After this grant, the officer beneficially owns 85,789 shares of Vestis common stock directly.
Vestis Corporation director reports open-market stock purchases. A director of Vestis Corporation bought 10,000 shares of common stock on 12/18/2025 at a weighted average price of $6.899 per share and 15,000 shares on 12/19/2025 at a weighted average price of $6.897 per share. These trades were executed in multiple transactions within narrow price ranges around the reported averages. Following these purchases, the director directly beneficially owned 322,010.353 shares of Vestis common stock.
Vestis Corporation’s interim CFO reported her initial ownership stake in the company. She beneficially owns 63,954 shares of common stock, including several grants of restricted stock units that vest over time. These RSUs include 4,220 units vesting in three equal annual installments starting on the first anniversary of the March 1, 2025 grant date, 30,000 units with two-thirds vesting on the second anniversary of the August 25, 2025 grant date and one-third on the third anniversary, and 4,734 units vesting in three equal annual installments beginning on the first anniversary of the December 9, 2025 grant date. She also holds stock options to buy 12,011 shares at an exercise price of $7.13 per share, vesting in three equal annual installments beginning on the first anniversary of the December 9, 2025 grant date.
Corvex Management LP and Keith A. Meister filed Amendment No. 4 to their Schedule 13D reporting a significant ownership stake in Vestis Corporation. Corvex reports beneficial ownership of 19,813,963 Vestis common shares, representing approximately 15.0% of the company, based on 131,866,818 shares outstanding as of November 19, 2025, as disclosed in Vestis’s Form 10-K.
Through his control of Corvex’s general partner, Mr. Meister may be deemed to beneficially own these shares and separately beneficially owns 7,470 additional shares received from vested restricted stock units for his service on the Vestis board, bringing his total beneficial ownership to 19,821,433 shares, also 15% of the class. He has been granted further RSUs that have not yet vested and will be settled into shares six months after his board service ends. Exhibit 99.1 lists any Vestis share transactions by the reporting persons during the past sixty days.
Vestis Corporation director and 10% owner Keith Meister, together with Corvex Management LP–advised funds, reported additional open-market purchases of Vestis common stock. On 12/16/2025, the reporting persons bought 800,222 shares at a weighted average price of $6.81 per share, and on 12/17/2025 they purchased another 209,842 shares at a weighted average price of $6.79 per share.
The filing states that, after these transactions, investment funds advised by Corvex directly hold 19,813,963 Vestis common shares, which Mr. Meister may be deemed to indirectly beneficially own. It also notes 16,231.994 shares received in connection with restricted stock units and dividend equivalents for Mr. Meister’s service on Vestis’s board, while Corvex and Mr. Meister each disclaim beneficial ownership beyond their pecuniary interest.
Vestis Corporation is undergoing a planned finance leadership change. Executive Vice President and Chief Financial Officer Kelly Janzen has decided to resign effective December 31, 2025 to pursue other opportunities. The company states her resignation does not result from any disagreement over operations, policies, or practices, and she will receive separation benefits consistent with a termination by the executive other than for good reason under her employment agreement.
The board has appointed Adam K. Bowen, age 43 and currently Vice President of Financial Planning & Analysis, as Interim Chief Financial Officer and principal financial officer effective December 16, 2025, to serve until a permanent CFO is designated. An amended offer letter sets his annual base salary at $400,000, with a target bonus of 35% of salary and an annual long-term incentive equity award valued at $135,000, plus a one-time $150,000 RSU grant and up to $200,000 in cash awards tied to his interim service and continued employment, alongside existing RSU, option and performance stock unit grants and new noncompetition and non-solicitation covenants.
Vestis Corporation reported a routine equity award to its chief accounting officer. On 12/09/2025, the officer received 4,734 shares of common stock as restricted stock units at a stated price of $0, bringing total directly held common shares to 45,853 after the grant. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.
On the same date, the officer was also granted stock options covering 12,011 shares of common stock at an exercise price of $7.13 per share. These options expire on 12/09/2035 and vest in three equal annual installments starting on the first anniversary of the grant date. All reported holdings are shown as directly owned.
Vestis Corporation reported an equity compensation grant to its Executive Vice President and Chief HR Officer. On 12/09/2025, the executive received 21,038 shares of common stock in the form of restricted stock units at a stated price of $0, bringing total directly held common shares to 87,705. The filing also reports a grant of stock options covering 53,381 shares of common stock at an exercise price of $7.13 per share, expiring on 12/09/2035.
The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date. The stock options likewise vest in three equal annual installments starting on the first anniversary of the grant date, aligning long-term incentives with ongoing service and company performance.
Vestis Corporation reported an equity award to its Executive Vice President & Chief Operating Officer. On 12/09/2025, the officer received 42,076 shares of common stock in the form of restricted stock units at a stated price of $0, bringing total beneficial ownership of common stock to 236,611.594 shares held directly. The filing also shows a grant of stock options to buy 106,762 shares of common stock at an exercise price of $7.13 per share, expiring on 12/09/2035. Both the restricted stock units and the options vest in three equal annual installments beginning on the first anniversary of the grant date.