Benjamin E. Thomas - Dec 29, 2023 Form 4 Insider Report for VSE CORP (VSEC)

Role
President, VSE Aviation, Inc.
Signature
Farinaz S. Tehrani, Attorney-in-Fact
Stock symbol
VSEC
Transactions as of
Dec 29, 2023
Transactions value $
$10,978
Form type
4
Date filed
1/2/2024, 04:08 PM
Previous filing
Jul 5, 2023
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VSEC Common Stock, par value $.05 Award $11K +233 +1.05% $47.12 22.4K Dec 29, 2023 Direct F1
* 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 The reporting person is voluntarily reporting the acquisition of shares of the Issuer's common stock pursuant to the VSE Corporation 2021 Employee Stock Purchase Plan. This transaction is exempt under Rule 16b-3(c).