Planned 20K share sale by issuer (NYSE: VLN) disclosed in Form 144
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
This Form 144 notice states that holder Dror Jerushalmi intends to sell 20,000 ordinary shares of issuer VLN through Oppenheimer & Co. Inc. on the NYSE, with an aggregate market value of $46,200.00. The issuer has 106,342,415 ordinary shares outstanding.
The 20,000 shares to be sold were acquired on 06/01/2017 under an Employee Stock Option Plan from the issuer and are to be paid for in cash upon exercise on 01/12/2026.
Over the past three months, the same seller reported multiple sales of ordinary shares, including 24,000 shares on 12/05/2025 for $40,800.00 and 139,431 shares on 01/09/2026 for $249,791.27. By signing, the seller represents that they are not aware of undisclosed material adverse information about the issuer’s operations.
Positive
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Negative
- None.
FAQ
What does this Form 144 filing for VLN disclose?
It discloses that Dror Jerushalmi intends to sell 20,000 ordinary shares of VLN on or about 01/12/2026 through Oppenheimer & Co. Inc. on the NYSE, with an aggregate market value of $46,200.00.
What representation does the seller make in this VLN Form 144?
By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.