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Planned 20K share sale by issuer (NYSE: VLN) disclosed in Form 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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.

How many VLN shares are outstanding according to this Form 144?

The notice reports that the issuer of VLN has 106,342,415 ordinary shares outstanding.

How were the 20,000 VLN shares being sold acquired?

The 20,000 ordinary shares were acquired on 06/01/2017 under an Employee Stock Option Plan from the issuer, with payment to be made in cash upon exercise on 01/12/2026.

What prior VLN share sales by the same seller are disclosed?

Over the past three months, Dror Jerushalmi reported several VLN ordinary share sales, including 24,000 shares on 12/05/2025 for $40,800.00 and 139,431 shares on 01/09/2026 for $249,791.27.

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.

Which broker and exchange are involved in the planned VLN share sale?

The planned sale of 20,000 VLN ordinary shares will be handled by Oppenheimer & Co. Inc., with the securities listed on the NYSE.
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