Cohn Adam Robert 4

What Happened

• Adam Robert Cohn, Chief Financial Officer of VSE Corp (VSEC), had restricted stock units (RSUs) and performance-based RSUs (PRSUs) vest in March 2026. The vesting resulted in the acquisition of 3,795 RSU shares and 1,320 PRSU-related shares (total 5,115 shares) at $0.00 per share as award/settlement.
• To satisfy tax withholding on the vesting, 2,237 shares were surrendered/withheld on March 9, 2026 at an implied value of $217.74 per share, totaling $487,084. The filing also reports the conversion/settlement of 1,320 derivative units tied to the PRSUs.

Key Details

• Transaction dates: vesting/conversion on 2026-03-08; tax withholding on 2026-03-09. Form 4 filed 2026-03-10 (timely filing).
• Award amounts: 3,795 RSUs (vested) and 1,320 PRSUs (vested/converted). Withheld/disposed for taxes: 2,237 shares at $217.74 each = $487,084.
• Footnotes: RSUs and PRSUs were granted on Sept 11, 2024; each RSU = one share. Some awards vest in three substantially equal installments. Withholding represents shares surrendered to cover tax liability.
• Shares owned after the transaction are not provided in the excerpt of this filing.

Context

• This was not an open-market purchase or a voluntary sale of existing shares — it reflects equity awards vesting (a common form of compensation) and routine withholding to cover taxes. The withholding is effectively a non-cash sale of a portion of the vested award to meet tax obligations.
• For retail investors, vesting events show management receiving equity but do not necessarily signal a buy/sell judgment about the company’s stock price.