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 | +2.69K | $0.00 | 2.69K | Feb 28, 2025 | Common Stock, par value $.05 | 2.69K | Direct | F1, F2 |
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 | Each restricted stock unit represents a contingent right to receive one share of VSEC common stock. |
F2 | The restricted stock units will generally vest in substantially equal installments on each of February 28, 2026, February 28, 2027, and February 28, 2028. |