COCHRAN STEVEN E 4
4 · Vestis Corp · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Vestis (VSTS) EVP Steven Cochran Receives 93,096-Share Award
What Happened Steven E. Cochran, EVP & Chief Commercial Officer of Vestis Corp (VSTS), was granted 93,096 restricted stock units (RSUs) on 2026-06-01. The grant is reported at $0.00 per share (total reported value $0) and is coded as an award/grant (A) rather than a purchase or sale. This award is compensation and does not involve an immediate cash outlay or sale of shares.
Key Details
- Transaction date: 2026-06-01; filing date: 2026-06-03 (timely filing).
- Grant: 93,096 RSUs at $0.00 per share (total reported value $0).
- Vesting: Footnote states vesting in three equal annual installments beginning on the first anniversary — 31,032 RSUs vest each year.
- Shares owned after transaction: Not specified in the provided filing details.
- No immediate sale, option exercise, or tax-withholding disposition reported in this Form 4.
Context Restricted stock units are a common form of executive compensation: they convert to actual shares only as they vest, so this grant represents future potential equity rather than an immediate market purchase or sale. Such awards are routine compensation actions and should be interpreted differently than open-market purchases (which may signal confidence) or sales (which can be liquidity events).
Insider Transaction Report
- Award
Common Stock, par value $0.01 per share
[F1]2026-06-01+93,096→ 93,096 total
Footnotes (1)
- [F1]Represents restricted stock units, which vest in three equal annual installments beginning on the first anniversary of the date of grant.