Vestis Corp·4

Feb 20, 5:22 PM ET

Pertz Douglas A 4

4 · Vestis Corp · Filed Feb 20, 2026

Research Summary

AI-generated summary of this filing

Updated

Vestis (VSTS) Director Douglas A. Pertz Receives 18,253 RSUs

What Happened

  • Douglas A. Pertz, a director of Vestis Corp (VSTS), was granted 18,253 restricted stock units (RSUs) on February 18, 2026. The grant price is $0.00, so the filing shows $0 cash paid at grant; these are compensation awards rather than open‑market purchases or sales.
  • The RSUs will convert to shares only upon vesting; an additional 0.006 shares are included due to rounding upon settlement.

Key Details

  • Transaction date: 2026-02-18; Form 4 filed: 2026-02-20 (within the standard two-business-day reporting window).
  • Grant: 18,253 RSUs at $0.00 per share; aggregate cash consideration reported $0.
  • Vesting: 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 the reporting person’s continued board service. (Footnote F1)
  • Rounding: Includes an additional 0.006 shares due to rounding upon settlement. (Footnote F2)
  • Shares owned after transaction: Not specified in the filing.

Context

  • RSUs are a form of equity compensation that convert to actual shares only when vesting conditions are met; they do not represent an immediate market purchase or sale.
  • Such grants to directors are commonly routine compensation and should be viewed as service‑based awards rather than a direct market sentiment indicator.

Insider Transaction Report

Form 4
Period: 2026-02-18
Transactions
  • Award

    Common Stock, par value $0.01 per share

    [F1][F2]
    2026-02-18+18,253340,263.359 total
Footnotes (2)
  • [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.
Signature
/s/ Brian J. Casey, as Attorney-in-fact|2026-02-20

Documents

1 file
  • 4
    marketforms-72256.xmlPrimary

    PRIMARY DOCUMENT