Veritex (VBTX) insider sold 58,595 shares in July; new 3,617-share sale planned
Rhea-AI Filing Summary
Form 144 filed relating to proposed sale of securities. The notice reports a planned sale of 3,617 shares of common stock through Charles Schwab on NASDAQ with an aggregate market value of $124,171.61 and the issuer's reported outstanding shares of 54,745,471. The shares were acquired on 07/14/2022 as compensation awards. The filing lists two recent sales by the same person, Arcilia Acosta: 51,316 shares sold on 07/24/2025 for $1,653,327.29 and 7,279 shares sold on 07/30/2025 for $233,914.11. The filer signs the standard representation that no undisclosed material adverse information is known.
Positive
- Planned sale disclosure includes broker (Charles Schwab), exchange (NASDAQ), and approximate sale date (08/28/2025)
- Acquisition details are provided: shares acquired on 07/14/2022 as compensation awards
- Recent sales history is disclosed with exact dates, share amounts, and gross proceeds for July 2025
Negative
- Missing issuer identification in the issuer information section of the provided content
- Filer CIK and contact details are not populated in the supplied text, limiting verifiability
Insights
TL;DR: Insider plans a modest sale; recent large disposals were executed in July 2025, reducing holdings.
The filing details a small proposed sale of 3,617 common shares valued at approximately $124k and confirms the shares were compensation awards acquired on 07/14/2022. The notice also reports substantial recent dispositions by the same person totaling 58,595 shares generating roughly $1.887 million in gross proceeds during July 2025. For investors tracking insider activity, the filing provides clear transaction dates, amounts, and proceeds but lacks context about remaining insider ownership percentages.
TL;DR: Form 144 contains required transaction details but omits certain issuer and filer identifiers.
The form supplies the mechanics of the proposed sale (broker, exchange, approximate sale date) and the acquisition details (date and nature: compensation awards). However, key administrative fields such as the filer CIK and issuer name in the header are not populated in the provided content, which could hinder cross-referencing in databases. The statement of no undisclosed material information and the criminal-misstatement warning are included, satisfying standard attestation language.