Baldwin Jonathan 4

What Happened Jonathan Baldwin, EVP—Government Solutions at Verra Mobility (VRRM), had 21,339 performance-based shares vest on 2026-03-16 (award/acquisition). To cover tax withholding related to the vesting, 9,888 of those shares were withheld (disposed) at a withholding price of $16.70 per share, equal to $165,130. After withholding, Baldwin received a net ~11,451 shares. The award was granted based on achievement of performance goals for the 2023–2026 performance period.

Key Details

• Transaction dates: 2026-03-16 (period of report); Form 4 filed 2026-03-17 (timely).
• Award: 21,339 shares issued (code A, performance share unit vesting).
• Tax withholding: 9,888 shares withheld/disposed (code F) at $16.70 per share for $165,130.
• Price note: $16.70 was the March 2, 2026 closing price and was used for tax withholding purposes (end of performance period).
• Net shares delivered to insider: 21,339 − 9,888 = 11,451 shares.
• Shares owned after transaction: not specified in the filing.
• Footnote: Shares earned under the 2023 PSU award based on performance over 2023–2026; withheld shares satisfy tax liability (cashless withholding).

Context This was a vesting of performance share units rather than an open-market purchase or voluntary sale. The withholding of shares to cover taxes is a routine administrative step and does not necessarily indicate a buy/sell decision by the insider.