Verra Mobility details separation terms for interim CEO Jon Keyser in amended 8-K filing

By Public Technologies
  • Verra Mobility amended its 8-K to detail Jon Keyser’s separation terms ahead of Jon Newhard becoming CEO on Nov. 1, 2026.
  • Keyser’s last day as interim CEO is Oct. 31, 2026; he stays as special advisor through Dec. 31, 2026.
  • Agreement treats the exit as termination without cause; salary continues at an annual rate of $650,000 through Dec. 31, 2026.
  • Severance includes $650,000 cash, 12 months of COBRA costs, accelerated RSU vesting valued at $2.25 million, $2.2 million retention payout.
  • Eligible for a discretionary 2026 bonus, paid by March 15, 2027; transition bonus of $200,000 tied to performance and release conditions.


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