Layding Martin 4

What Happened

• Layding Martin, Chief Financial Officer of Vera Bradley, had a total of 43,365 shares withheld to satisfy tax withholding on vested restricted stock units. The withholding occurred in two dispositions on June 12, 2026: 13,989 shares at $3.46 each ($48,402) and 29,376 shares at $3.46 each ($101,641), totaling $150,043. This was a tax-withholding disposition tied to RSU vesting, not an open-market sale.

Key Details

• Transaction date: June 12, 2026; Filing date: June 16, 2026 (filed within the SEC’s two-business-day window).
• Prices: $3.46 per share for both dispositions.
• Shares withheld: 13,989 and 29,376 (total 43,365); Total value ≈ $150,043.
• Transaction code: F — shares withheld to satisfy tax withholding on vested restricted stock units (Footnote F1).
• Footnote F2: Some shares are held for the account of the Layding Family Trust for the benefit of the reporting person and his wife.
• Shares owned after transaction: not specified in the provided filing details.

Context

• These transactions reflect routine tax-withholding when restricted stock units vest (company retains/disposes of shares to cover taxes). They are not an open-market sale and therefore do not necessarily indicate a change in the insider’s market view.