Jon Michael Newhard, President and Chief Executive Officer of Verra Mobility Corp, was granted 1,583,333 restricted stock units on November 2, 2026, according to a beneficial ownership statement filed with the SEC on November 3, 2026.

Key Highlights

  • Reporting Person: Jon Michael Newhard, identified in the filing as President and CEO of Verra Mobility Corp (NASDAQ:VRRM).
  • Grant Date: RSUs were granted on November 2, 2026, with the filing submitted on November 3, 2026.
  • Grant Size: 1,583,333 restricted stock units, each representing a contingent right to receive one share of Class A Common Stock.
  • Vesting Schedule: RSUs vest in three equal annual installments beginning November 1, 2027, subject to continued service as CEO through each vesting date.
  • Price of Derivative Security: Listed as $0, with an exercise or conversion price of $0.
  • Post-Transaction Holdings: Newhard beneficially owns 1,583,333 derivative securities following the reported transaction, held directly.

RSU Grant Details for Verra Mobility's President and CEO

According to the filing, Verra Mobility Corp, a provider of smart mobility technology solutions trading on NASDAQ under the symbol VRRM, reported a derivative securities grant to its top executive. Jon Michael Newhard, serving as both a Director and President and CEO, received 1,583,333 restricted stock units on November 2, 2026. The filing describes each RSU as "a contingent right to receive one share of Verra Mobility Corporation Class A Common Stock."

The filing states that the RSUs will vest in three equal annual installments beginning November 1, 2027, contingent on Newhard's continued service with the issuer as Chief Executive Officer through each vesting date. Vested shares, according to the filing, "will be delivered to the Reporting Person on each settlement date." The transaction was recorded under transaction code "A," indicating an acquisition, with a reported price of $0 for the derivative security.

Following the grant, the filing reports that Newhard holds 1,583,333 derivative securities beneficially, all in direct ownership form. No non-derivative securities transactions were reported in Table I of the filing. The statement was signed by Abigail Olson as Attorney-in-fact on November 3, 2026.

What Was Disclosed

The filing disclosed a grant of 1,583,333 restricted stock units to Verra Mobility's President and CEO, Jon Michael Newhard, dated November 2, 2026, with vesting beginning November 1, 2027 in three equal annual installments tied to continued CEO service.