VEON Ltd. (VEON) director adds 20,000 ADS via trust and reports large awards
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.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
6 txns
Insider
Fabela Augie K II
Role
Director
Bought
20,000 shs ($1.12M)
| 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 | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 100,768 shares (Indirect, By Trust);
American Depositary Shares — 221,013 shares (Direct);
American Depositary Shares — 14,093 shares (Indirect, By Family Office)
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
ADS purchased 6–7 Aug 2026: 20000 ADS
Purchase price 7 Aug 2026: 56.0226 per ADS
Purchase prices range F1: $54.76 to $55.755
+5 more
8 metrics
ADS purchased 6–7 Aug 2026
20000 ADS
Total American Depositary Shares bought in three open-market transactions
Purchase price 7 Aug 2026
56.0226 per ADS
Weighted average price for 5,000 ADS bought on 7 August 2026
Purchase prices range F1
$54.76 to $55.755
Price range for multiple trades summarized in weighted average in footnote F1
Purchase prices range F3
$55.79 to $56.36
Price range for multiple trades summarized in weighted average in footnote F3
Purchase prices range F4
$55.87 to $56.43
Price range for multiple trades summarized in weighted average in footnote F4
Direct ADS holdings
221013 ADS
Total American Depositary Shares held directly after reported transactions
Unvested conditional awards
180000 ADS
Unvested awards under 2021 Deferred Share Plan vesting on 31 May 2027
Indirect ADS via family office
14093 ADS
American Depositary Shares held indirectly by a family office owned by the director and spouse
Key Terms
American Depositary Shares, weighted average price, unvested conditional awards, 2021 Deferred Share Plan, +1 more
5 terms
weighted average price financial
"The price reported is a weighted average price across multiple transactions."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
unvested conditional awards financial
"180,000 of the Direct ADSs represent unvested conditional awards."
family office financial
"These shares are held by a family office for which the reporting person and spouse are owners."
A family office is a private organization that manages the financial affairs, investments and often day-to-day wealth needs of one wealthy family or a small number of families, acting like a household’s dedicated finance team. It matters to investors because family offices can move large amounts of capital quietly and for the long term—choosing investments, buying firms or funding startups—which can influence market prices, deal availability and how businesses are run.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did VEON (VEON) director Fabela Augie K II buy in this Form 4?
The director reported buying a total of 20,000 VEON American Depositary Shares in open-market transactions on 6–7 August 2026 through a trust, at weighted average prices in the $55–$56 range per ADS.
At what prices were the VEON (VEON) ADS purchased in the reported trades?
The reported weighted average prices were $55.3048, $56.0547, and $56.0226 per ADS. Footnotes state the actual trade prices ranged from $54.76 to $56.43 across multiple executions on 6–7 August 2026.
How many VEON (VEON) ADS does the director hold after these transactions?
Post-transaction, the director reports 221,013 ADS held directly and 14,093 ADS held indirectly via a family office, plus additional ADS held in trust where he shares voting and investment power through a controlled investment advisor.
Were the VEON (VEON) insider purchases made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, and the footnotes do not describe a trading plan. The reported purchases therefore appear as discretionary open-market transactions by entities associated with the director.