Virco (VIRC) director Robert Lind receives 8,064-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VIRCO MFG CORPORATION director Robert R. Lind received a stock grant as part of his compensation. On this Form 4, he was awarded 8,064 shares of common stock at a value of $6.20 per share. After this non-market, compensation-related acquisition, he directly owns 127,954 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lind Robert R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock $.01 par value | 8,064 | $6.20 | $50K |
Holdings After Transaction:
Common Stock $.01 par value — 127,954 shares (Direct, null)
Footnotes (1)
Key Figures
Shares granted: 8,064 shares
Grant value per share: $6.20 per share
Shares held after grant: 127,954 shares
3 metrics
Shares granted
8,064 shares
Non-derivative stock award to director on Form 4
Grant value per share
$6.20 per share
Reported value for the 8,064-share award
Shares held after grant
127,954 shares
Director’s direct common stock holdings following the transaction
Key Terms
Grant, award, or other acquisition, Common Stock $.01 par value, Form 4, non-derivative
4 terms
Grant, award, or other acquisition financial
"The transaction code is described as a "Grant, award, or other acquisition" of shares."
Common Stock $.01 par value financial
"The security involved is listed as "Common Stock $.01 par value" in the filing."
Form 4 regulatory
"The insider transaction is reported on a Form 4 filed with the SEC."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"The 8,064-share award is classified as a non-derivative transaction in common stock."
FAQ
What insider transaction did VIRCO MFG (VIRC) report for Robert R. Lind?
VIRCO MFG reported that director Robert R. Lind received a grant of 8,064 shares of common stock. The shares were awarded as a non-derivative, compensation-related acquisition rather than an open-market purchase or sale.
At what price was the VIRCO MFG (VIRC) stock grant to Robert R. Lind valued?
The stock grant to Robert R. Lind was valued at $6.20 per share. This value is used for reporting purposes on the Form 4 and reflects the price applied to the 8,064 awarded common shares.
Was the VIRCO MFG (VIRC) Form 4 transaction a market buy or sell?
The Form 4 transaction was not a market buy or sell. It is coded as an "A" transaction, meaning a grant, award, or other acquisition of 8,064 common shares, typically reflecting equity compensation rather than trading activity.
What type of security was reported in the VIRCO MFG (VIRC) Form 4 filing?
The Form 4 filing reports transactions in VIRCO MFG common stock with a par value of $0.01 per share. The 8,064 shares granted to director Robert R. Lind are non-derivative common shares rather than options or other derivative securities.