ROBERTS DAVID MARTIN 4
4 · VERRA MOBILITY Corp · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Verra Mobility (VRRM) CEO David Roberts Receives Award, Withholds Shares
What Happened
David Martin Roberts, President, CEO and a director of Verra Mobility (VRRM), received 93,362 shares on March 16, 2026 as the vesting of a 2023 performance share unit award (code A). To satisfy tax withholding obligations (code F), 39,520 shares were withheld/disposed at a withholding price of $16.70 per share, generating $659,984. Net shares retained from the award: 93,362 − 39,520 = 53,842. The award acquisition price is reported as $0.00; using $16.70 as a market reference implies a gross award value of roughly $1.56M.
Key Details
- Transaction dates: award and withholding both reported for March 16, 2026; Form 4 filed March 17, 2026 (timely).
- Codes: A = Award/Grant (93,362 shares); F = Tax withholding (39,520 shares disposed).
- Withholding price: $16.70 per share (closing price on March 2, 2026); withholding value = $659,984.
- Net shares retained from this vesting: 53,842.
- Footnotes: award tied to 2023–2026 performance period; $16.70 was the price used for tax withholding as March 2, 2026 was the performance period end.
- Total shares owned after transaction: not provided in the supplied data.
Context
This was a vesting of performance-based restricted stock (not an open-market purchase or sale). The disposal of shares was to cover taxes — a routine administrative step that does not necessarily indicate trading intent. Awards that vest based on multi-year performance are compensation, not a direct buy signal; tax-withhold disposals are common and primarily procedural.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-03-16+93,362→ 882,089 total - Tax Payment
Class A Common Stock
[F2]2026-03-16$16.70/sh−39,520$659,984→ 842,569 total
- 219,745(indirect: By Trust)
Class A Common Stock
Footnotes (2)
- [F1]Shares earned under the 2023 performance share unit award based on the achievement of performance goals over the 2023-2026 performance period.
- [F2]Shares withheld to satisfy tax liability upon vesting of performance share units. The reported share price of $16.70 was the closing price on March 2, 2026, which was the price that was used for tax withholding purposes; March 2, 2026 was the end date of the performance period for the performance share units.