RUSSO CYNTHIA A 4

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.