secwatch.observer — SEC 8-K summary
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Issuer:     VERRA MOBILITY Corp (VRRM)
CIK:        0001682745
Form:       8-K
Filed at:   2026-10-02T20:40:30+00:00
Accession:  0001193125-26-412497
Event type: leadership
Sentiment:  neutral
Materiality: 0.72
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Verra Mobility appoints Jon Newhard CEO effective Nov 1, 2026; Jon Keyser exits interim role
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- Newhard, 57, was CEO of Yunex Traffic GmbH from March 2024 to September 2026 and previously led Clinc and Trafficware.
- Employment agreement: $725,000 base salary, 100% bonus target, $4,000,000 annual equity target, plus $25,000 sign-on bonus.
- Inducement RSU award of $4,750,000 vests in three equal annual installments beginning on the first anniversary of the Nov 1, 2026 start date.
- Severance: 18 months salary without cause; 24 months salary, 2.0x bonus target and full equity acceleration if within 12 months post-Change in Control.
- Interim CEO Jon Keyser will serve in an advisory role until December 31, 2026; severance terms are still being negotiated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682745/000119312526412497/0001193125-26-412497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682745/000119312526412497/d116013d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-412497

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