VERRA MOBILITY Corp·4

May 20, 5:03 PM ET

RUSSO CYNTHIA A 4

4 · VERRA MOBILITY Corp · Filed May 20, 2026

Research Summary

AI-generated summary of this filing

Updated

Verra Mobility (VRRM) Director Cynthia Russo Receives RSU Grant

What Happened

  • Cynthia A. Russo, a director at Verra Mobility Corporation (VRRM), had two related equity events: on 2026-05-18 she converted/exercised 7,949 restricted stock units (RSUs) into shares (reported as acquired) and a matching 7,949-share derivative disposition was reported the same day; on 2026-05-19 she was granted 14,683 new RSUs. All reported prices are $0.00 (no cash purchase). These were equity award/derivative transactions (codes M and A), not open-market buys or sales.

Key Details

  • Transaction dates and prices:
    • 2026-05-18: Exercise/conversion of derivative (code M) — 7,949 shares acquired @ $0.00; 7,949 shares disposed @ $0.00 (derivative).
    • 2026-05-19: Grant/award (code A) — 14,683 RSUs @ $0.00.
  • Shares owned after transaction: Not specified in the provided filing.
  • Notable footnotes:
    • F1: Each RSU represents a contingent right to one share of Class A common stock.
    • F2: The 7,949 RSUs trace to a grant on 2025-05-20 that vested on or before the 2026 annual meeting (vesting condition satisfied).
    • F3: The 14,683 RSUs were granted 2026-05-19 and vest on the earlier of 2027-05-19 or the date immediately prior to the next annual meeting.
  • Timeliness: Filing dated 2026-05-20 for transactions on 2026-05-18 and 2026-05-19 appears timely (filed within the typical 2-business-day window).
  • Exhibit noted: Exhibit 24 — Power of Attorney.

Context

  • RSUs are not option purchases; they are awards that convert into shares upon vesting. The 7,949-unit conversion on 5/18 reflects vested RSUs converting to shares (and a corresponding derivative disposition was reported the same day). The 14,683-unit entry on 5/19 is a new RSU award that vests under the schedule in the footnote.
  • These filings record insider equity awards/conversions and do not represent open-market buying or selling that would directly signal a trading stance.

Insider Transaction Report

Form 4
Period: 2026-05-18
Transactions
  • Exercise/Conversion

    Class A Common Stock

    [F1]
    2026-05-18+7,94956,064 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-05-187,9490 total
    Exercise: $0.00Class A Common Stock (7,949 underlying)
  • Award

    Restricted Stock Units

    [F1][F3]
    2026-05-19+14,68314,683 total
    Exercise: $0.00Class A Common Stock (14,683 underlying)
Footnotes (3)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock.
  • [F2]On May 20, 2025, the Reporting Person was granted 7,949 restricted stock units, vesting in full on the earlier of (a) May 20, 2026, or (b) the date immediately prior to the next annual meeting of the Issuer's stockholders occurring after the date of grant.
  • [F3]On May 19, 2026, the Reporting Person was granted 14,683 restricted stock units, vesting in full on the earlier of (a) May 19, 2027, or (b) the date immediately prior to the next annual meeting of the Issuer's stockholders occurring after the date of grant.
Signature
/s/ Cynthia A. Russo, by Jonathan Keyser, as Attorney-in-Fact|2026-05-20

Documents

2 files
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

  • EX-24

    POWER OF ATTORNEY