VLN shareholder (NYSE: VLN) plans Rule 144 sale of 20,000 ordinary shares
Rhea-AI Filing Summary
An affiliate of VLN has filed a notice to sell ordinary shares under Rule 144. The filing covers 20,000 ordinary shares, to be sold through Oppenheimer & Co. Inc. on the NYSE, with an aggregate market value of $37,440.00. These shares were acquired on 06/09/2021 through an employee stock options plan and are scheduled to be paid for in cash upon exercise on 01/09/2026.
The notice also lists recent activity by the same seller, who sold 2,868 ordinary shares on 10/14/2025 for gross proceeds of $5,288.88 and a further 1,132 ordinary shares on 10/15/2025 for gross proceeds of $2,087.52. The issuer had 106,342,415 ordinary shares outstanding at the time referenced, providing context for the size of these planned and recent sales.
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FAQ
How many VLN shares are covered by this Rule 144 sale notice?
The notice covers 20,000 ordinary shares of VLN to be sold through a broker under Rule 144.
What is the aggregate market value of the VLN shares to be sold?
The aggregate market value of the 20,000 ordinary shares covered by the notice is $37,440.00.
How and when were the VLN shares to be sold originally acquired?
The 20,000 ordinary shares were acquired on 06/09/2021 through an employee stock options plan, with cash upon exercise listed as the form of payment on 01/09/2026.
Which broker will handle the planned VLN Rule 144 share sale?
The planned sale of 20,000 ordinary shares will be handled by Oppenheimer & Co. Inc., located at 85 Broad St., New York, NY 10004, on the NYSE.
What VLN share sales occurred in the past three months for this seller?
The seller disposed of 2,868 ordinary shares on 10/14/2025 for $5,288.88 and 1,132 ordinary shares on 10/15/2025 for $2,087.52 in gross proceeds.
How many VLN shares were outstanding at the time of this notice?
The issuer had 106,342,415 ordinary shares outstanding, which provides context for the relative size of the 20,000-share planned sale.