Burke Richard L. Jr. 4
Research Summary
AI-generated summary
Vestis (VSTS) Director Richard L. Burke Jr. Receives RSU Award
What Happened
- Richard L. Burke Jr., a director of Vestis Corp (VSTS), was granted 18,253 restricted stock units (RSUs) on February 18, 2026. The reported acquisition price is $0.00 (no cash consideration reported). This was a grant/award (not a market purchase or sale).
Key Details
- Transaction date: 2026-02-18; Report filed: 2026-02-20 (timely filing).
- Grant size and price: 18,253 RSUs at $0.00 (total cash consideration reported = $0).
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes: F1 — RSUs vest on the earlier of (1) the first anniversary of the grant date or (2) the day before the issuer's next annual meeting, subject to continued board service. F2 — Includes an extra 0.006 shares due to rounding on settlement.
- Transaction code: A (award/grant).
Context
- These RSUs are compensation-linked awards to a director and will convert to shares only if/when they vest per the conditions above; they do not represent an immediate stock purchase or sale. Such grants are common for board compensation and do not, by themselves, indicate insider buying or selling sentiment.