Tarang Sharma - 28 Feb 2025 Form 4 Insider Report for VSE CORP (VSEC)

Signature
Farinaz S. Tehrani, Attorney-in-Fact
Issuer symbol
VSEC
Transactions as of
28 Feb 2025
Net transactions value
-$13,983
Form type
4
Filing time
03 Mar 2025, 16:10:17 UTC
Previous filing
02 Jan 2025
Next filing
11 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VSEC Common Stock Award $0 +333 +5.5% $0.000000 6,367 28 Feb 2025 Direct F1
transaction VSEC Common Stock Tax liability $13,983 -118 -1.9% $118.50 6,249 28 Feb 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 +1,046 $0.000000 1,046 28 Feb 2025 Common Stock, par value $.05 1,046 Direct F3, F4
transaction VSEC Restricted Stock Units Award $0 +434 +41% $0.000000 1,480 28 Feb 2025 Common Stock, par value $.05 434 Direct F3, F4
transaction VSEC Restricted Stock Units Award $0 +1,024 +69% $0.000000 2,504 28 Feb 2025 Common Stock, par value $.05 1,024 Direct F3, F5
* 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 Reflects vesting of annual stock-settled dollar-denominated bonus awards (RSP) earned based on prior performance in the year of grant and generally vesting over a three-year service period in three equal tranches.
F2 Represents withholding of shares of VSE common stock for the tax liability associated with the vesting of RSPs.
F3 Each restricted stock unit represents a contingent right to receive one share of VSEC common stock.
F4 The restricted stock units will generally vest in substantially equal installments on each of February 28, 2026, February 28, 2027, and February 28, 2028.
F5 The restricted stock units will generally vest in substantially equal installments on each of March 8, 2025, March 8, 2026 and March 8, 2027.