Farinaz S. Tehrani - Aug 16, 2023 Form 4 Insider Report for VSE CORP (VSEC)

Signature
Farinaz S. Tehrani
Stock symbol
VSEC
Transactions as of
Aug 16, 2023
Transactions value $
-$43,330
Form type
4
Date filed
8/17/2023, 05:33 PM
Previous filing
Jul 5, 2023
Next filing
Jan 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VSEC Common Stock, par value $.05 Award $0 +2.45K +35.05% $0.00 9.44K Aug 16, 2023 Direct F1
transaction VSEC Common Stock, par value $.05 Tax liability -$43.3K -816 -8.64% $53.10 8.63K Aug 16, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents acquisition of shares of VSE common stock upon vesting of RSUs.