Koonce Amends VSE Corp 13D Filing

TL;DR

Koonce updated his VSE Corp stake filing, date changed to Oct 16.

AI Summary

Calvin Scott Koonce filed an amendment (No. 11) to Schedule 13D on October 18, 2024, regarding his holdings in VSE Corporation. The filing indicates a change in the date of the event requiring this statement to October 16, 2024. Koonce is listed as the person authorized to receive notices and communications.

Why It Matters

This amendment to a Schedule 13D filing signals a potential shift in significant beneficial ownership or strategy concerning VSE Corporation, which could impact its stock price and corporate governance.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate activist investor intentions or significant stake changes, which can introduce volatility and uncertainty.

Key Players & Entities

• VSE Corporation (company) — Subject company
• Calvin Scott Koonce (person) — Filing person
• Elaine Schuler (person) — Authorized to receive notices
• October 16, 2024 (date) — Date of event requiring filing
• October 18, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $1,852,856 — cially owned by the Reporting Person is $1,852,856 (including brokerage fees and expenses)

Filing Documents

• ef20037442_sc13da.htm (SC 13D/A) — 140KB
• 0001140361-24-043676.txt ( ) — 141KB

is hereby amended and restated to read as follows

Item 3 is hereby amended and restated to read as follows: The aggregate purchase price of the 1,429,186 shares (which amount includes the 254,836 shares of Common Stock held by Koonce LLC) of the Common Stock beneficially owned by the Reporting Person is $1,852,856 (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 1,429,186 shares of Common Stock includes 20,000 shares owned by the Reporting Person's wife. Item 5. Interest in Securities of the Issuer

is hereby amended and restated to read as follows

Item 5 is hereby amended and restated to read as follows: (a)-(b) As of October 17, 2024, the Reporting Person beneficially owns 1,429,186 shares of Common Stock, constituting approximately 7.0% of the shares of Common Stock outstanding of the Issuer. The Reporting Person has the sole power to vote and direct the vote and the sole power to dispose and direct the disposition of such shares. The 1,429,186 shares of Common Stock includes 254,836 shares of Common Stock held by Koonce LLC and 20,000 shares owned by the Reporting Person's wife. The Reporting Person disclaims beneficial ownership of the shares held by Koonce LLC and his wife, except in each case to the extent of his pecuniary interest therein, if any. The aggregate percentage of shares of Common Stock reported beneficially owned by the Reporting Person is based upon 20,411,712 shares of Common Stock of the Issuer outstanding as of October 17, 2024, as reported by the Issuer in its Prospectus Supplement (To Prospectus dated August 2, 2024), filed with the Commission on October 16, 2024, following the disclosure by the Issuer in its Current Report on Form 8-K, filed Commission on October 17, 2024, that the underwriters named in such Prospectus Supplement exercised the option set forth therein in full. SCHEDULE 13D CUSIP No. 918284100 Page 4 of 5 Pages (c) The table below lists all the transactions in the Issuer's Common Stock effected since the most recent filing of Schedule 13D. Except as noted below, all transactions were made in the open market and do not reflect commissions or other expenses. Transactions in Shares Party Date of Purchase/ Sale Number of Shares of the Common Stock Buy/ Sell Weighted Average Price* Price Range Calvin S. Koonce 9/24/24 9,600 Sell $ 82.60 $ 81.60 - $ 85.50 Calvin S. Koonce 9/25/24 14,700 Sell $ 82.31 $ 81.59 - $ 83.10 Calvin S. Koonce 9/26/24 11,300 Sell $ 82.81 $ 82.33 - $ 83.45 Calvin S. Koonce 9/27/24 9,600 Sel

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View this SC 13D/A filing on SEC EDGAR