McKee Lynn 4
4 · Vestis Corp · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Vestis (VSTS) Director McKee Lynn Receives 18,253-Share Award
What Happened
McKee Lynn, a director of Vestis Corp (VSTS), was granted 18,253 restricted stock units (RSUs) on February 18, 2026. The RSUs were reported at an acquisition price of $0.00 (total reported value $0) — this is a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-18; Filing date: 2026-02-20 (appears timely).
- Award: 18,253 RSUs at $0.00 per share (total reported value $0).
- Shares owned after transaction: Not specified in this filing.
- Footnotes of note:
- F1: RSUs vest on the earlier of (1) first anniversary of grant or (2) day before the issuer’s next annual meeting, subject to continued board service.
- F2: Includes an additional 0.006 shares due to rounding upon settlement of vested awards.
- F3: Some shares are held by a limited partnership for which the reporting person serves as general partner.
- Transaction type code: A = Award/Grant.
Context
RSU grants are a form of director compensation and do not by themselves indicate buying or selling intent in the market. These RSUs will convert to company shares only if/when they vest per the schedule in F1; the filing shows no immediate sale or cashless exercise. Retail investors typically view grants as routine compensation, though they can modestly align directors’ interests with shareholders over time.
Insider Transaction Report
- Award
Common Stock, par value $0.01 per share
[F1][F2]2026-02-18+18,253→ 183,235.359 total
- 25,000(indirect: See footnote)
Common Stock, par value $0.01 per share
[F3] - 32,895(indirect: By Trust)
Common Stock, par value $0.01 per share
Footnotes (3)
- [F1]Represents restricted stock units, which vest on the earlier of: (1) the first anniversary of the grant date, or (2) the day prior to the Issuer's next annual general meeting of stockholders to occur after the grant date, subject to the Reporting Person's continued service on the Issuer's board of directors through such date.
- [F2]Includes an additional 0.006 shares due to rounding upon settlement of vested awards.
- [F3]These shares are held by a limited partnership for which the Reporting Person serves as a general partner.