VERRA MOBILITY Corp·4

Mar 17, 4:14 PM ET

ROBERTS DAVID MARTIN 4

Research Summary

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Verra Mobility (VRRM) CEO David Roberts Receives Award, Withholds Shares

What Happened
David Martin Roberts, President, CEO and a director of Verra Mobility (VRRM), received 93,362 shares on March 16, 2026 as the vesting of a 2023 performance share unit award (code A). To satisfy tax withholding obligations (code F), 39,520 shares were withheld/disposed at a withholding price of $16.70 per share, generating $659,984. Net shares retained from the award: 93,362 − 39,520 = 53,842. The award acquisition price is reported as $0.00; using $16.70 as a market reference implies a gross award value of roughly $1.56M.

Key Details

  • Transaction dates: award and withholding both reported for March 16, 2026; Form 4 filed March 17, 2026 (timely).
  • Codes: A = Award/Grant (93,362 shares); F = Tax withholding (39,520 shares disposed).
  • Withholding price: $16.70 per share (closing price on March 2, 2026); withholding value = $659,984.
  • Net shares retained from this vesting: 53,842.
  • Footnotes: award tied to 2023–2026 performance period; $16.70 was the price used for tax withholding as March 2, 2026 was the performance period end.
  • Total shares owned after transaction: not provided in the supplied data.

Context
This was a vesting of performance-based restricted stock (not an open-market purchase or sale). The disposal of shares was to cover taxes — a routine administrative step that does not necessarily indicate trading intent. Awards that vest based on multi-year performance are compensation, not a direct buy signal; tax-withhold disposals are common and primarily procedural.