Corvex Management LP - 24 May 2024 Form 4 Insider Report for Vestis Corp (VSTS)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
24 May 2024, 18:34:49 UTC
Prior SEC filing
23 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
CORVEX MANAGEMENT LP Name: /s/ Keith Meister Title: Managing Partner

Key filing fact

Corvex Management LP filed Form 4 for Vestis Corp (VSTS) on 24 May 2024.

Key facts

  • This page summarizes Corvex Management LP's Form 4 filing for Vestis Corp (VSTS).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 24 May 2024, 18:34.

Change

  • Previous filing in this sequence was filed on 23 May 2024.
  • Current net transaction value: +$1,202,000.

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.

VSTS transaction

Common Stock

Purchase

Transaction value
$1,202,000
Shares
+100,000
Change %
+0.59%
Price
$12.02
Shares after
17,007,877
Date
24 May 2024
Ownership
See footnotes
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.94 to $12.08, inclusive. The reporting persons undertake to provide to Vestis Corporation (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Footnote F2

Investment funds advised by Corvex Management LP ("Corvex") directly hold 17,007,877 shares of common stock of the Issuer reported herein. Mr. Meister may be deemed to indirectly beneficially own these shares by virtue of Mr. Meister's control of the general partner of Corvex.

Footnote F3

For the purposes of this filing, each of Corvex or Mr. Meister disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Corvex or Mr. Meister is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.

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