Form 4: Fain Clara reports acquisition/exercise transactions in VIA
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fain Clara reported acquisition or exercise transactions in a Form 4 filing for VIA. The filing lists transactions totaling 8,000 shares at a weighted average price of $6.57 per share. Following the reported transactions, holdings were 40,860 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,000 shares exercised/converted
Mixed
2 txns
Insider
Fain Clara
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 4,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 4,000 | $6.57 | $26K |
Holdings After Transaction:
Stock Option (right to buy) — 40,860 shares (Direct);
Class A Common Stock — 652,693 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did VIA Chief Financial Officer Clara Fain report?
Clara Fain exercised a stock option for 4,000 Via Transportation Class A Common shares. The option had a $6.57 exercise price and was fully vested and exercisable. This was reported as a derivative conversion/exercise, not an open-market buy or sell.
What type of security did Clara Fain exercise in the VIA Form 4?
She exercised a stock option, described as a “Stock Option (right to buy)” with an exercise price of $6.57 per share. The option was fully vested and exercisable and related to 4,000 underlying shares of Via Transportation Class A Common Stock.
Was Clara Fain’s VIA transaction an open-market purchase or sale?
The transaction was classified as code M, an exercise or conversion of a derivative security. It reflects exercising a stock option to acquire 4,000 common shares, rather than an open-market purchase or sale on an exchange or through a broker.
What does transaction code M mean in the VIA Form 4 filing?
Transaction code M in the Via Transportation Form 4 indicates an exercise or conversion of a derivative security. Here, it refers to Clara Fain exercising a vested stock option, resulting in the acquisition of 4,000 Class A Common Stock shares at $6.57 per share.
What is Clara Fain’s role at Via Transportation (VIA)?
Clara Fain is identified as an officer of Via Transportation, serving as Chief Financial Officer. The Form 4 confirms she is not a director or 10% owner, and that the reported equity holdings are directly owned in her capacity as an executive officer.