VEON director buys 20,000 ADS in open market
VEON Ltd. director Fabela Augie K II reported open-market purchases of a total of 20,000 American Depositary Shares (ADS) on 6–7 August 2026 through a trust.
Rhea-AI Filing Summary
VEON Ltd. director Fabela Augie K II reported open-market purchases of a total of 20,000 American Depositary Shares (ADS) on 6–7 August 2026 through a trust. The weighted average purchase prices ranged around $55–$56 per ADS, and the trades were not made under a Rule 10b5-1 plan.
After these transactions, the director reports 221,013 ADS held directly, including 180,000 unvested conditional awards scheduled to vest on 31 May 2027, plus 14,093 ADS held indirectly via a family office and additional ADS held in trust with shared voting and investment power.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | American Depositary Shares F4, F2 | 5,000 | $56.0226 | $280K |
| Purchase | American Depositary Shares F1, F2 | 1,174 | $55.3048 | $65K |
| Purchase | American Depositary Shares F3, F2 | 13,826 | $56.0547 | $775K |
| holding | American Depositary Shares F5 | -- | -- | -- |
| holding | American Depositary Shares F6 | -- | -- | -- |
| holding | American Depositary Shares F7 | -- | -- | -- |
Footnotes (7)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $54.76 to $55.755, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F2. These shares are held in trust for which the reporting person, as beneficiary and protector, shares voting and investment power through a controlled investment advisor.
- F3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $55.79 to $56.36, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $55.87 to $56.43, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F5. 180,000 of the Direct ADSs represent unvested conditional awards under the 2021 Deferred Share Plan that are scheduled to vest and be released on 31 May 2027.
- F6. These shares are held by a family office for which the reporting person and his spouse are the sole owners.
- F7. These shares are held in trust for which the reporting person, as beneficiary and protector, shares voting and investment power through a controlled investment advisor.
Key Figures
Key Terms
weighted average price financial
unvested conditional awards financial
family office financial
FAQ
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What did VEON (VEON) director Fabela Augie K II buy in this Form 4?
At what prices were the VEON (VEON) ADS purchased in the reported trades?
How many VEON (VEON) ADS does the director hold after these transactions?
Were the VEON (VEON) insider purchases made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.