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

Signature
Farinaz S. Tehrani
Issuer symbol
VSEC
Transactions as of
16 Aug 2023
Net transactions value
-$43,330
Form type
4
Filing time
17 Aug 2023, 17:33:06 UTC
Previous filing
05 Jul 2023
Next filing
02 Jan 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 +2,450 +35% $0.000000 9,441 16 Aug 2023 Direct F1
transaction VSEC Common Stock, par value $.05 Tax liability $43,330 -816 -8.6% $53.10 8,625 16 Aug 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.