Ratnakar Raj 4

What Happened
Ratnakar Raj, a director of Verra Mobility Corporation (VRRM), had a derivative conversion/settlement for 7,949 shares on May 18, 2026 (reported as both an acquisition and a disposition of a derivative at $0.00) and was granted 14,683 restricted stock units (RSUs) on May 19, 2026 (reported at $0.00). No cash value is shown for these entries — they are RSU-related transactions rather than open-market purchases or sales.

Key Details

• Transaction types: M = exercise/conversion of derivative (7,949 shares, 2026-05-18); A = grant/award of RSUs (14,683 shares, 2026-05-19). Report filed 2026-05-20.
• Prices reported: $0.00 for all items (typical for RSU grants/conversions reported as derivative activity).
• Shares owned after transaction: Not disclosed in the provided summary.
• Relevant footnotes:
  • F1: Each RSU = contingent right to one Class A common share.
  • F2: The 7,949 RSUs were granted May 20, 2025 and vest on the earlier of May 20, 2026 or immediately prior to the next annual meeting.
  • F3: The 14,683 RSUs were granted May 19, 2026 and vest on the earlier of May 19, 2027 or immediately prior to the next annual meeting.
• Filing timeliness: Reported on May 20, 2026 for transactions on May 18–19, 2026 (appears timely). Exhibit included: Power of Attorney (Exhibit 24).

Context
RSUs are awards that represent a contingent right to receive company shares upon vesting; they are not open-market purchases or sales by the insider. The May 18 entries show both an acquisition and a disposition of the same derivative amount (7,949), as reported on the Form 4; the May 19 entry is a new RSU grant with a one-year vesting horizon per the footnote. These filings document compensation-related equity activity rather than routine buying or selling in the market.