Quick Takeaways
- This page summarizes Benjamin E. Thomas's Form 4 filing for VSE CORP (VSEC).
- 7 reported transactions and 3 derivative rows are listed below.
- Filing timestamp: 12 Mar 2024, 16:11.
Quoteable Key Fact
"Benjamin E. Thomas filed Form 4 for VSE CORP (VSEC) on 12 Mar 2024."
Ownership activity is grounded in SEC Form 4 disclosures.
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VSEC | Common Stock | Options Exercise | +1,310 | +5.9% | 23,667 | 10 Mar 2024 | Direct | F1, F2 | ||
| transaction | VSEC | Common Stock | Award | $0 | +3,639 | +15% | $0.000000 | 27,306 | 10 Mar 2024 | Direct | F3 |
| transaction | VSEC | Common Stock | Options Exercise | +1,072 | +3.9% | 28,378 | 11 Mar 2024 | Direct | F2, F4 | ||
| transaction | VSEC | Common Stock | Award | $0 | +1,473 | +5.2% | $0.000000 | 29,851 | 11 Mar 2024 | Direct | F5 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | VSEC | Restricted Stock Units | Award | $0 | +2,933 | $0.000000 | 2,933 | 08 Mar 2024 | Common Stock | 2,933 | Direct | F2, F6 | ||
| transaction | VSEC | Restricted Stock Units | Options Exercise | $0 | -1,310 | -33% | $0.000000 | 2,621 | 10 Mar 2024 | Common Stock | 1,310 | Direct | F2, F7 | |
| transaction | VSEC | Restricted Stock Units | Options Exercise | $0 | -1,072 | -50% | $0.000000 | 1,072 | 11 Mar 2024 | Common Stock | 1,072 | Direct | F2, F8 |
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).
| Id | Content |
|---|---|
| F1 | Represents acquisition of shares of VSE common stock upon vesting of RSUs that were granted on March 10, 2023. |
| F2 | Each restricted stock unit represents a right to receive one share of VSEC common stock. |
| F3 | Represents acquisition of shares of VSE common stock upon vesting of PRSUs that were granted on March 10, 2023 for the performance period ended December 31, 2023. |
| F4 | Represents acquisition of shares of VSE common stock upon vesting of RSUs that were granted on March 11, 2022. |
| F5 | Represents acquisition of shares of VSE common stock upon vesting of PRSUs that were granted on March 11, 2022 for the performance period ended December 31, 2023. |
| F6 | The restricted stock units will generally vest in substantially equal installments on each of March 8, 2025, March 8, 2026 and March 8, 2027. |
| F7 | These restricted stock units granted on 3/10/2023 vest in three equal annual installments. |
| F8 | These restricted stock units granted on 3/11/2022 vest in three equal annual installments. |