VC insider filing: 4,042 shares planned sale via Fidelity, $492,284 value
Rhea-AI Filing Summary
Visteon Corporation (VC) filed a Form 144 notifying a proposed sale of 4,042 shares of common stock through Fidelity Brokerage Services with an aggregate market value of $492,284.14, scheduled approximately for 08/19/2025 on NASDAQ. The notice reports total shares outstanding of 27,276,339. The shares originated from restricted stock vesting: 1,850 shares vested 06/08/2024, 1,189 vested 06/23/2023, and 1,003 vested 06/10/2022, each received as compensation. The filer reports no securities sold in the past three months and affirms no undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider notice of planned sale of vested restricted shares; size appears small relative to company outstanding shares.
This Form 144 documents a proposed sale of 4,042 common shares acquired via restricted stock vesting across three dates, offered through Fidelity. The transaction follows Rule 144 disclosure requirements and the filer indicates no recent sales in the prior three months. The aggregate value (~$492k) represents a small fraction of the reported 27.3 million shares outstanding, suggesting limited market impact. Primary investor consideration is compliance and timing rather than material capital events.
TL;DR: Disclosure aligns with Rule 144 and includes the standard certification about undisclosed material information.
The filing provides required issuer and acquisition detail: all shares were granted as compensation via restricted stock vesting, with acquisition dates and amounts specified. The filer also certifies absence of material nonpublic information and notes the warning about false statements. No unusual vesting or payment arrangements are disclosed. From a governance perspective, this is a routine insider liquidity event with standard controls evident in the filing.