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

Role: President, VSE Aviation, Inc.
Signature: Farinaz S. Tehrani, Attorney-in-Fact
Issuer symbol: VSEC
Transactions as of: 29 Dec 2023
Transactions value $: $10,978
Form type: 4
Filing time: 02 Jan 2024, 16:08:03 UTC
Previous filing: 05 Jul 2023
Next filing: 12 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VSEC	Common Stock, par value $.05	Award	$10,977	+233	+1.05%	$47.12	22,357	29 Dec 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).