Koonce Amends VSE Corp Stake Filing

TL;DR

Koonce updated his VSE Corp filing, watch for more details on his stake.

AI Summary

Calvin Scott Koonce has amended his Schedule 13D filing for VSE Corporation, reporting a change in beneficial ownership as of April 2, 2024. The filing indicates a shift in his holdings, though specific new percentages or dollar amounts are not detailed in this excerpt. This amendment is part of an ongoing disclosure process regarding his stake in the company.

Why It Matters

Changes in significant shareholder filings like this can signal shifts in control or strategy, potentially impacting VSE Corporation's stock price and future direction.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's position, which can lead to increased volatility.

Key Players & Entities

• VSE Corp (company) — Subject company
• Calvin Scott Koonce (person) — Filing person
• Elaine Schuler (person) — Authorized to receive notices

FAQ

Key Financial Figures

• $6,024,000 — cially owned by the Reporting Person is $6,024,000 (including brokerage fees and expenses)

Filing Documents

• ef20025672_sc13da.htm (SC 13D/A) — 66KB
• ef20025672_ex99-1.htm (EX-99.1) — 157KB
• ef20025672_ex99-2.htm (EX-99.2) — 160KB
• ef20025672_ex99-3.htm (EX-99.3) — 172KB
• 0001140361-24-017347.txt ( ) — 557KB

From the Filing

SC 13D/A 1 ef20025672_sc13da.htm SC13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 8)* VSE Corporation (Name of Issuer) Common Stock, par value $.05 per share (Title of Class of Securities) 918284100 (CUSIP Number) Elaine Schuler 6229 Executive Boulevard Bethesda, MD 20852 (301) 897-9700 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 15, 2020 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. Note : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See 13d-7 for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 7 Pages) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). S CHEDU LE 13D CUSIP No. 918284100 Page 2 of 7 Pages 1 NAMES OF REPORTING PERSONS Calvin S. Koonce 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS (SEE INSTRUCTIONS) PF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 1,867,082* 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 1,867,082* 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,867,082* 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.9% 14 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN * See Items 2 and 3. S CHEDU LE 13D CUSIP No. 918284100 Page 3 of 7 Pages Item 1. Security and Issuer This Amendment No. 8 ("Amendment") to the Statement of Beneficial Ownership on Schedule 13D/A (this "Statement") relates to shares of the Common Stock, par value $.05 per share (the "Common Stock"), of VSE Corporation (the "Issuer"). The address of the Issuer's principal executive offices is 6348 Walker Lane, Alexandria, Virginia 22310. Item 2. Identity and Background This Statement is filed on behalf of Calvin S. Koonce (the "Reporting Person"). The Reporting Person is a United States citizen whose principal occupation is serving as a developer of Old Town Columbus, a real estate development. The Reporting Person is also the Manager of Koonce LLC, a Florida limited liability company ("Koonce") used for estate planning purposes. The Reporting Person's and Koonce's address is 6229 Executive Boulevard, Bethesda, MD 20852. Neither the Reporting Person nor Koonce has, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Item 3. Source and Amount of Funds or Other Consideration On December 15, 2020, the Reporting Person transferred by gift 501,584 shares of Common Stock to Koonce. The Reporting Person is the Manager of Koonce. Because of his position as Manager of Koonce, the Reporting Person has sole dispositive and voting control over the shares of Common Stock held by Koonce. The aggregate purchase price of the 1,867,082 shares (which amount includes the 501,584 shares of Common Stock held by Koonce) of the Common Stock beneficially owned by the Reporting Person is $6,024,000 (including brokerage fees and expenses). All of the shares of Common Stock beneficially owned by the Reporting Person were paid for using his personal funds, were received as payment for services as a Director of the Issuer and were received by inheritance. The 1,867,082 shares of Common Stock includes 20,000 shares owned by the Reporting Person's wife. Item 4. Purpose of Transaction (a)-(j). The Reporting

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