Verra Mobility Corp: Board & Officer Changes Announced

TL;DR

Verra Mobility just shook up its board and exec pay structure. Big changes coming?

AI Summary

Verra Mobility Corporation announced on September 25, 2025, changes related to its board of directors and executive compensation. Specifically, the filing details the departure of certain officers and directors, the election of new directors, and adjustments to compensatory arrangements for its officers. The company, formerly known as Gores Holdings II, Inc., is headquartered in Mesa, Arizona.

Why It Matters

Changes in a company's board and executive compensation can signal shifts in strategy, governance, or financial outlook, impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Board and executive changes can introduce uncertainty regarding future strategy and leadership stability.

Key Numbers

• 001-37979 — SEC File Number (Identifies the company's filing history with the SEC.)
• 81-3563824 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• VERRA MOBILITY Corp (company) — Registrant
• Gores Holdings II, Inc. (company) — Former company name
• September 25, 2025 (date) — Date of earliest event reported
• 1150 N. Alma School Road (address) — Principal executive offices
• Mesa, Arizona (location) — Principal executive offices location

FAQ

Key Financial Figures

• $0.0001 — ered) Class A common stock, par value $0.0001 per share VRRM Nasdaq Capital Marke
• $300,000 — RSU Award ") with a grant date value of $300,000. The RSU Award is expected to be grante
• $450,000 — r's annual base salary was increased to $450,000, his target bonus under the Company's a
• $1,000,000 — g-term incentive award was increased to $1,000,000. 2 SIGNATURE Pursuant to the requ

Filing Documents

• vrrm-20250925.htm (8-K) — 44KB
• 0001193125-25-220674.txt ( ) — 176KB
• vrrm-20250925.xsd (EX-101.SCH) — 50KB
• vrrm-20250925_htm.xml (XML) — 4KB

From the Filing

8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): September 25, 2025 VERRA MOBILITY CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-37979 81-3563824 ( State or other jurisdiction of incorporation ) ( Commission File Number ) ( IRS Employer Identification No. ) 1150 N. Alma School Road Mesa , Arizona ( Address of principal executive offices ) 85201 ( Zip Code ) ( 480 ) 443-7000 ( Registrant's telephone number, including area code ) N/A ( Former name or former address, if changed since last report ) Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: (Title of each class) (Trading symbol) (Name of each exchange on which registered) Class A common stock, par value $0.0001 per share VRRM Nasdaq Capital Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ( 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ( 240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 1 Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 25, 2025, the Compensation Committee (the " Compensation Committee ") of the Board of Directors of Verra Mobility Corporation (the " Company ") approved a one-time equity award to Jonathan Keyser, the Company's Executive Vice President and Chief Legal Officer, that will be made in the form of time-based restricted stock units (the " RSU Award ") with a grant date value of $300,000. The RSU Award is expected to be granted on the second trading day after the filing of the Company's quarterly report on Form 10-Q for the fiscal quarter ended September 30, 2025. The RSU Award is part of an arrangement structured to retain Mr. Keyser and reflect market-based adjustments. The Compensation Committee approved the arrangement in consultation with its independent compensation consultant, taking into account the Company's retention goals. Mr. Keyser's RSU Award will vest in three equal annual installments beginning on September 19, 2026 and will be subject to Mr. Keyser's continued employment through each applicable vesting date. The RSU Award will be subject to the terms and conditions of the Company's Amended and Restated 2018 Equity Incentive Plan, as amended, and related award agreement. In addition, as part of the retention arrangement, effective September 19, 2025, Mr. Keyser's annual base salary was increased to $450,000, his target bonus under the Company's annual incentive plan was increased to 75% of his base salary, and his target long-term incentive award was increased to $1,000,000. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: September 26, 2025 Verra Mobility Corporation By: /s/ Craig Conti Name: Craig Conti Title: Chief Financial Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR