Chad Wheeler - 08 Mar 2024 Form 4 Insider Report for VSE CORP (VSEC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Mar 2024, 16:05:49 UTC
Prior SEC filing
02 Jan 2024
Next SEC filing
02 Apr 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Farinaz S. Tehrani, Attorney-in-Fact

Key filing fact

Chad Wheeler filed Form 4 for VSE CORP (VSEC) on 12 Mar 2024.

Key facts

  • This page summarizes Chad Wheeler's Form 4 filing for VSE CORP (VSEC).
  • 8 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 12 Mar 2024, 16:05.

Change

  • Previous filing in this sequence was filed on 02 Jan 2024.
  • Current net transaction value: -$164,438.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VSEC transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,395
Change %
+6.2%
Price
Shares after
23,777
Date
10 Mar 2024
Ownership
Direct
Footnotes
F1, F2
VSEC transaction

Common Stock

Award

Transaction value
$0
Shares
+3,876
Change %
+16%
Price
$0.000000
Shares after
27,653
Date
10 Mar 2024
Ownership
Direct
Footnotes
F3
VSEC transaction

Common Stock

Options Exercise

Transaction value
Shares
+1,163
Change %
+4.2%
Price
Shares after
28,816
Date
11 Mar 2024
Ownership
Direct
Footnotes
F2, F4
VSEC transaction

Common Stock

Award

Transaction value
$0
Shares
+1,599
Change %
+5.5%
Price
$0.000000
Shares after
30,415
Date
11 Mar 2024
Ownership
Direct
Footnotes
F5
VSEC transaction

Common Stock

Tax liability

Transaction value
$164,438
Shares
-2,189
Change %
-7.2%
Price
$75.12
Shares after
28,226
Date
11 Mar 2024
Ownership
Direct
Footnotes
F6

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VSEC transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+2,396
Change %
Price
$0.000000
Shares after
2,396
Date
08 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,396
Exercise price
Footnotes
F2, F7
VSEC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,395
Change %
-33%
Price
$0.000000
Shares after
2,791
Date
10 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,395
Exercise price
Footnotes
F2, F8
VSEC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,163
Change %
-50%
Price
$0.000000
Shares after
1,163
Date
11 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,163
Exercise price
Footnotes
F2, F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 9 footnotes

Footnote F1

Represents acquisition of shares of VSE common stock upon vesting of RSUs that were granted on March 10, 2023.

Footnote F2

Each restricted stock unit represents a right to receive one share of VSEC common stock.

Footnote 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.

Footnote F4

Represents acquisition of shares of VSE common stock upon vesting of RSUs that were granted on March 11, 2022.

Footnote 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.

Footnote F6

Represents withholding of shares of VSE common stock for the tax liability associated with the vesting of the RSUs and PRSUs.

Footnote F7

The restricted stock units will generally vest in substantially equal installments on each of March 8, 2025, March 8, 2026 and March 8, 2027.

Footnote F8

These restricted stock units granted on 3/10/2023 vest in three equal annual installments.

Footnote F9

These restricted stock units granted on 3/11/2022 vest in three equal annual installments.

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