[Form 4] Virco Mfg. Corporation Insider Trading Activity

Rhea-AI Filing Summary

Virco Mfg. Corporation (VIRC) – Form 4 insider filing: Director Robert R. Lind reported the acquisition of 6,134 shares of the company’s common stock on June 17 2025. The transaction is coded “A,” indicating an acquisition rather than a sale and, according to the filer’s explanation, represents a restricted-stock grant that vested on the same date. The shares carry a stated value of $8.14 each, implying a grant value of roughly $49,900. After the award, Lind’s directly held position rises to 119,390 shares.

The filing shows that Lind is a non-executive Director; no other roles (officer or 10 % owner) are indicated. The ownership is recorded as “D” (direct), and no derivative securities were reported. Because the shares were received as compensation rather than an open-market purchase, the grant primarily signals continued board-level alignment but does not convey incremental cash investment by the insider.

No additional transactions, derivative positions, or amendments were disclosed in this filing, and no earnings or operational data accompany the statement.

Insights

Securities Analyst

TL;DR: Compensation grant adds 6,134 shares to director’s holdings; neutral signal, limited valuation impact.

The Form 4 details a routine equity-compensation event. Although insider acquisitions often suggest confidence, this transaction is a restricted-stock grant—not an open-market buy—so no personal capital was deployed. The dollar value (≈$50k) and share count (~5 % of his stake) are modest relative to Virco’s public float. Post-grant holdings total 119,390 shares, further aligning the director with shareholders but offering minimal insight into fundamental performance. Investors should treat the disclosure as informational, not a catalyst.

Corporate Governance Expert

TL;DR: Standard board compensation; reinforces alignment, no red flags, limited strategic significance.

Many small-cap manufacturers use time-based restricted stock to retain directors. The one-day vesting suggests an annual grant timed to the board calendar. Because the shares vest immediately, there is no long-term performance claw-back, yet the director must still carry market risk on the 119k-share position. Absence of derivative activity and the direct ownership classification are positives for transparency. Overall, the event neither enhances nor detracts from governance quality in a material way.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lind Robert R

(Last) (First) (Middle)

C/O VIRCO MFG. CORPORATION

2027 HARPERS WAY

(Street)

TORRANCE CA 90501

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
VIRCO MFG CORPORATION [ VIRC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock $.01 par value	06/17/2025		A		6,134(1)	A	$8.14	119,390	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of restricted stock vesting on June 17, 2025

Remarks:

	/S/Robert R. Lind	06/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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