DAVIS DOUGLAS LEE 4
4 · VERRA MOBILITY Corp · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Verra Mobility (VRRM) Director Douglas Lee Receives RSU Award
What Happened
Douglas Lee, a director of Verra Mobility Corporation (VRRM), recorded derivative activity and a new restricted stock unit (RSU) grant. On 2026-05-18 he exercised/converted 7,949 derivative units (reported with $0.00 per-share price) and a matching 7,949-derivative disposal was reported the same day. On 2026-05-19 he was granted 14,683 RSUs (also reported at $0.00). No cash values are shown for these entries — they reflect RSU conversions and awards, not open-market purchases or sales.
Key Details
- Transaction dates & prices:
- 2026-05-18: Exercise/conversion (code M) — 7,949 units @ $0.00 (acquired) and 7,949 units @ $0.00 (disposed, derivative)
- 2026-05-19: Grant/award (code A) — 14,683 RSUs @ $0.00 (acquired)
- Shares owned after transaction: Not specified in this Form 4.
- Footnotes:
- F1: Each RSU = contingent right to one share of Verra Mobility Class A common stock.
- F2: The 7,949 RSUs relate to a May 20, 2025 grant that vested by May 20, 2026 (or earlier per meeting timing).
- F3: The 14,683 RSUs were granted on May 19, 2026 and vest by May 19, 2027 (or earlier per meeting timing).
- Timeliness: Form 4 was filed 2026-05-20 for transactions on 2026-05-18 and 2026-05-19; filing appears timely (no late-filing flag).
Context
These entries involve RSUs (restricted stock units) and a conversion/exercise of derivative units rather than open-market buys or sales. RSU grants are compensation awards that vest on future dates and do not necessarily indicate immediate share purchases. The equal "acquired" and "disposed" derivative lines on 5/18 reflect conversion/settlement activity reported on the Form 4; the filing does not show an open-market sale of Class A shares.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-05-18+7,949→ 56,064 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-05-18−7,949→ 0 totalExercise: $0.00→ Class A Common Stock (7,949 underlying) - Award
Restricted Stock Units
[F1][F3]2026-05-19+14,683→ 14,683 totalExercise: $0.00→ Class 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.