REXFORD JOHN H 4

What Happened

• John H. Rexford, a director of Verra Mobility Corporation (VRRM), converted/exercised 7,949 restricted stock units (RSUs) on May 18, 2026 (recorded as acquired and disposed the same day) and was granted 14,683 new RSUs on May 19, 2026. Both the conversion and the grant are reported at $0.00 per share because these entries reflect RSU awards/conversions rather than open-market purchases or cash sales.
• The May 18 conversion shows an acquisition of 7,949 shares followed by a same-day disposition of 7,949 shares (derivative transaction). The May 19 entry is a grant/award of 14,683 RSUs that will convert to shares upon vesting.

Key Details

• Transaction dates and types:
  • 2026-05-18: Exercise/conversion of derivative (code M) — 7,949 shares acquired @ $0.00 and 7,949 shares disposed @ $0.00 (derivative).
  • 2026-05-19: Grant/award (code A) — 14,683 RSUs @ $0.00 (derivative).
• Footnotes:
  • F1: Each RSU represents a contingent right to receive one share of VRRM Class A common stock.
  • F2: The 7,949 RSUs were originally granted on 2025-05-20 and vested in full on the earlier of 2026-05-20 or immediately prior to the next annual meeting.
  • F3: The 14,683 RSUs were granted on 2026-05-19 and vest in full on the earlier of 2027-05-19 or immediately prior to the next annual meeting.
• Shares owned after transaction: Not specified in this filing.
• Filing: Report filed 2026-05-20 for transactions occurring 2026-05-18 and 2026-05-19 — appears to be timely. Exhibit 24 (Power of Attorney) included.

Context

• These entries involve RSUs (derivative awards), not open-market purchases. RSU conversions and immediate dispositions are often administrative (e.g., vesting and sale to cover taxes) rather than a straightforward buy/sell signal; the filing does not state cash proceeds. Awards (the May 19 RSUs) are typically long-term compensation that vest on a future date.