Verra Mobility details ex-Interim CEO Keyser exit: $650K severance, $2.2M retention payout

VERRA MOBILITY Corp

Jon Newhard appointed President and CEO effective November 1, 2026; Jon Keyser ceased as Interim CEO and resigns officer/director roles November 1, 2026.
Keyser separation: $650,000 annual salary through December 31, 2026; 12-month severance of $650,000 plus 12 months of COBRA premiums.
$3.3M June 1, 2026 retention award: $2,200,110 (66.67%) vested and paid; remaining $1,099,890 (33.33%) forfeited; $2.25M RSU award fully vests.
Eligible for FY2026 bonus with prorated target of 75% (Jan 1-Jun 1) and 100% (Jun 2-Dec 31); $200,000 transition bonus if employed through December 31, 2026.
Payments accelerate on a Change in Control before December 31, 2026, or death/disability; amounts subject to Section 409A and release conditions.

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