06/15/2026 | Press release | Distributed by Public on 06/15/2026 14:32
| Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On June 9, 2026, Verra Mobility Corporation (the "Company") determined that Jonathan Baldwin, Executive Vice President, Government Solutions, will depart from the Company on July 9, 2026. Mr. Baldwin is expected to remain in his position with the Company until his departure date. In connection with his separation, Mr. Baldwin will be entitled to receive severance benefits consistent with a termination without cause under the terms of his previously disclosed employment agreement, as described in the Company's Definitive Proxy Statement filed with the SEC on April 6, 2026. Pursuant to the terms of Mr. Baldwin's employment agreement, the payment of severance benefits to Mr. Baldwin is subject to Mr. Baldwin's execution and non-revocation of a general release that releases the Company from any and all claims (including with respect to all matters arising out of or related to Mr. Baldwin's employment by the Company or the termination thereof) and compliance by Mr. Baldwin with the terms and conditions of the release.