This is a standard response to a proxy advisory firm's report. The outcome of the shareholder vote on Proposal 3 will be the key indicator of its success. Monitor the final vote results.
Price Chart
Executive Summary
VSE Corporation is responding to a negative Glass Lewis recommendation on its executive compensation (Proposal 3) by providing data on strong pay-for-performance alignment and shareholder engagement. It also supports a proposal to authorize blank check preferred stock (Proposal 4), which has the backing of both Glass Lewis and ISS. The filing is a routine response to a proxy advisory firm's report.
Key Financial Metrics
Key Facts
- The filing is a response to a Glass Lewis recommendation to vote against Proposal 3 (Say-on-Pay).
- VSE's board recommends voting FOR Proposal 3 and cites strong pay-for-performance metrics, including a 92/100 score from Glass Lewis.
- VSE's board and both Glass Lewis and ISS recommend voting FOR Proposal 4 (authorizing blank check preferred stock).
- The company reported record revenue of $1.1B in 2025.
Financial Impact
The filing discusses $1.1B in 2025 revenue and executive compensation payouts of 182% of target, but no new financial data is disclosed.
Risk Factors
- A negative vote on Proposal 3 could signal shareholder dissatisfaction with executive pay, potentially leading to governance changes.
- The authorization of blank check preferred stock, while standard, could be used for anti-takeover purposes in the future, though the board has committed not to do so without shareholder approval.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| DEFA14A Filing (Primary) | 0000102752-26-000037 |
| Document: 0000102752-26-000037-index-headers.html | 0000102752-26-000037 |
| Document: 0000102752-26-000037-index.html | 0000102752-26-000037 |
| Document: 0000102752-26-000037.txt | 0000102752-26-000037 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
May 7, 2026 24w ago | 8-K | $52.58 $51.72 | ▼ −1.64% | ▼ −5.47% | $40.49 (−22.99%) |
May 5, 2026 24w ago | 8-K | $53.51 $50.78 | ▼ −5.10% | ▼ −7.16% | $40.49 (−24.33%) |
Apr 23, 2026 26w ago | DEFA14A | $49.57 $51.20 | ▲ +3.28% | ▼ −1.74% | $40.49 (−18.32%) |
Apr 20, 2026 27w ago | DEFA14A | $57.62 $52.55 | ▼ −8.80% | ▼ −15.58% | $40.49 (−29.73%) |
Apr 20, 2026 27w ago | DEFA14A | $57.62 $52.55 | ▼ −8.80% | ▼ −15.58% | $40.49 (−29.73%) |
US Market Status
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