DAVIS DOUGLAS LEE 4

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.