VEL insider plans sale of 6,655 shares worth $128,965
A shareholder of VEL has filed a notice to sell 6,655 common shares, with an aggregate market value of $128,965.25, through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate sale date of 12/02/2025.
Rhea-AI Filing Summary
A shareholder of VEL has filed a notice to sell 6,655 common shares, with an aggregate market value of $128,965.25, through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate sale date of 12/02/2025. The filing notes that 38,900,030 shares of the issuer’s common stock were outstanding. The shares to be sold were acquired partly via an open market purchase of 100 shares on 03/16/2020 paid in cash, and 6,555 shares from restricted stock vesting under a registered plan on 01/15/2022, also paid in cash. The signer represents that they are not aware of undisclosed material adverse information about the issuer’s current or prospective operations.
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FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What representation does the selling holder of VEL make about inside information?
By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.