Every material Form 8-K Verra Mobility filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Verra Mobility said CFO Craig Conti will resign effective November 4, 2026. The Board appointed Matthew Kvarda, a Managing Director at Alvarez & Marsal, as interim CFO effective November 5, 2026, while a search firm assists in finding a permanent CFO. Kvarda's services are provided through an engagement with Alvarez & Marsal, which the company pays directly, and he will not receive compensation from Verra Mobility.
Craig Conti resigns as Executive Vice President and Chief Financial Officer effective November 4, 2026.
Matthew Kvarda, 56, is appointed interim CFO and principal financial officer effective November 5, 2026, until a permanent CFO is appointed.
Verra Mobility will pay Alvarez & Marsal $150,000 per month plus expenses, rising to $165,000 from May 1, 2027; fees through October 31, 2027 may not exceed $1,890,000 without consent.
Spencer Stuart is assisting the Board in the search for a permanent Chief Financial Officer.
Verra Mobility said Chief Financial Officer Craig Conti will resign effective November 4, 2026, to pursue an opportunity in a different industry, and that the departure is not related to financial or operating results. The company is searching for a permanent CFO and expects to name an interim CFO, and it reaffirmed its 2026 full-year outlook, which it first presented on August 5, 2026.
Conti notified the company on October 8, 2026, and his last day is November 4, 2026
The board has begun a search for a permanent CFO with Spencer Stuart and expects to appoint an interim CFO
Third quarter 2026 results will be released before market open on October 30, 2026, with no conference call planned
The company reaffirmed its 2026 full-year outlook, originally presented on August 5, 2026
Verra Mobility's board appointed Jon Newhard as President and Chief Executive Officer, effective November 1, 2026, and as a director on the same date, which increases the board from six to seven members. He succeeds Jon Keyser, the interim CEO since June 2026, who will serve in an advisory role until December 31, 2026, while severance terms with Mr. Keyser are still being negotiated. The filing sets Mr. Newhard's base salary at $725,000 and includes a $4,750,000 inducement RSU award that remains subject to approval.
Jon Newhard, 57, was CEO of Yunex Traffic GmbH from March 2024 until September 2026 and previously led Clinc, Inc. and Cubic's ITS division.
Base salary of $725,000, with a target bonus of 100% of base salary and an estimated target equity grant date fair value of $4,000,000 beginning in fiscal 2027.
Inducement RSU award with a grant-date fair value of $4,750,000, subject to NASDAQ Listing Rule 5635(c)(4) approvals and vesting over three annual installments.
Jon Keyser remains in an advisory role until December 31, 2026, and the company is negotiating his severance arrangements.
Verra Mobility reported second quarter 2026 revenue of $263.6 million, up 12%, but a net loss of $48.2 million, compared with net income of $38.6 million a year earlier, mainly due to goodwill and intangible asset impairments. The company also revised its full-year 2026 guidance and said two significant rental car customers extended contracts on materially less favorable terms, with fleet volume modulation rights that could make revenue vary. For shareholders, reported profit fell sharply and contract terms weakened, though the filing does not state the prior guidance figures.
Total revenue was $263.6 million, up 12% from $236.0 million in the second quarter of 2025.
Net loss was $(48.2) million, or $(0.32) per share, versus net income of $38.6 million, or $0.24 per share, a year earlier; the company cited a $64.0 million goodwill impairment and a $40.4 million intangibles impairment in Parking Solution
Adjusted EPS was $0.38 versus $0.34, while free cash flow was $32.6 million versus $40.3 million.
Full-year 2026 guidance: revenue of $945 million to $965 million, Adjusted EBITDA of $360 million to $370 million, Adjusted EPS of $1.11 to $1.17, and free cash flow of $105 million to $115 million.
Verra Mobility appointed Stacey Moser as Chief Customer Officer, effective immediately, to lead sales, account management and marketing across its Commercial Services and Government Solutions businesses. The company described the changes as part of a transformation aimed at a more unified operating model, and disclosed that Executive Vice President Jon Baldwin will leave on July 9, 2026. The filing does not include financial results or guidance, so its effect on shareholders is not quantified.
Stacey Moser named Chief Customer Officer, effective immediately, overseeing sales, account management and marketing for two segments
Moser's compensation includes RSU grants with grant date values of $375,000 and $125,000, plus cash retention awards of $375,000 and $125,000
Jon Baldwin, Executive Vice President, Government Solutions, departs effective July 9, 2026
Changes follow a Transformation Committee review and an earlier shift to a hybrid operating model
Verra Mobility said its Executive Vice President of Government Solutions, Jonathan Baldwin, will leave the company on July 9, 2026, and remains in the role until then. His severance is tied to his existing employment agreement and depends on him signing and not revoking a general release of claims against the company.
Jonathan Baldwin, Executive Vice President, Government Solutions, departs July 9, 2026
The company made the determination on June 9, 2026; the 8-K was filed June 15, 2026
Severance follows a termination-without-cause provision in his employment agreement, conditional on a signed general release
The filing does not name a successor or give a severance dollar amount
Verra Mobility replaced CEO David Roberts with Chief Transformation Officer Jonathan Keyser as interim President and CEO, effective May 31, 2026, and Roberts also resigned from the Board. The company said the change is meant to realign its cost structure, and it has retained a search firm to find a permanent CEO.
David Roberts ceased to serve as President and CEO effective May 31, 2026, and resigned from the Board effective May 30, 2026; the Board reduced its size from seven to six directors.
Keyser's interim pay includes a base salary of $650,000 and a target bonus of 100% of base salary, plus a $2,250,000 RSU award and a $3,300,000 cash retention award.
CFO Craig Conti received a $1,750,000 RSU award and a $3,300,000 cash retention award, with base salary rising to $550,000 effective June 2, 2026.
Verra Mobility reported first quarter 2026 revenue of $223.6 million, up 0.1% from $223.3 million a year earlier, while net income fell to $26.7 million, or $0.17 per diluted share, from $32.3 million, or $0.20. The company reaffirmed all of its 2026 full-year guidance, including total revenue of $1,020 million to $1,030 million, and said the profit decline was mainly due to higher operating expenses and lower product sales, partly offset by a February 2026 legal settlement paid in Australian listed shares.
Q1 2026 adjusted EPS was $0.25 versus $0.30 in Q1 2025; adjusted EBITDA was $86.0 million versus $95.4 million.
Free cash flow was $9.6 million versus $41.7 million a year earlier; operating cash flow was $40.8 million versus $63.0 million.
Government Solutions revenue rose 3% to $105.3 million, while Commercial Services revenue fell 4% to $97.8 million.
The company repurchased 2,215,800 shares for $50.2 million in the quarter and had $66.3 million left under its authorization as of March 31, 2026.
Verra Mobility reported fourth quarter 2025 revenue up 16% to $257.9 million and full year revenue up 11% to $979.1 million, with full year net income of $136.6 million versus $31.4 million in 2024. Fourth quarter Adjusted EPS fell to $0.30 from $0.33, and Adjusted EBITDA margin fell to 39% from 46%, while the company guided 2026 Adjusted EBITDA of $405 million to $415 million, compared with $415.9 million in 2025.
Q4 2025 revenue was $257.9 million, up 16% from $221.5 million; Q4 net income was $18.9 million, or $0.12 per share, versus a net loss of $66.7 million in Q4 2024, which included a goodwill impairment
Full year 2025 Adjusted EPS was $1.32, up from $1.23 in 2024; Q4 Adjusted EBITDA was $101.8 million versus $102.0 million a year earlier
2026 guidance: total revenue of $1,020 million to $1,030 million, Adjusted EBITDA of $405 million to $415 million, Adjusted EPS of $1.32 to $1.38, and Free Cash Flow of $150 million to $160 million
A new five-year New York City Department of Transportation contract, effective January 1, 2026, has a total value of $998 million; the company repurchased $133.4 million of its shares in Q4 2025
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