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VLN (VLN) investor files to sell 36,440 shares under Rule 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

VLN has a Form 144 notice for a planned sale of 36,440 ordinary shares, to be executed through Oppenheimer & Co. Inc. on the NYSE around 01/09/2026. The filing lists an aggregate market value of $56,846.40 for these shares and notes that 106,342,415 shares of this class are outstanding.

The shares to be sold were acquired through an employee stock option plan in two grants dated 09/02/2016 (33,127 shares) and 06/01/2017 (3,313 shares), with cash upon exercise scheduled for 01/09/2026. The person filing 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 the VLN Form 144 filing disclose?

The Form 144 discloses a planned sale of 36,440 ordinary shares of VLN, with an aggregate market value of $56,846.40, to be sold on the NYSE through Oppenheimer & Co. Inc. around 01/09/2026.

How many VLN shares are planned to be sold and at what value?

The filing lists 36,440 ordinary shares to be sold with an aggregate market value of $56,846.40.

How many VLN shares are outstanding for this class?

The Form 144 states that there are 106,342,415 ordinary shares of this class outstanding.

When were the VLN shares in this Form 144 originally acquired?

The shares were acquired through an employee stock option plan on 09/02/2016 for 33,127 shares and on 06/01/2017 for 3,313 shares.

How will the purchase price for the VLN shares be paid on exercise?

The Form 144 states that the options will be settled with cash upon exercise on 01/09/2026.

What representation does the seller make about VLN’s information in the Form 144?

By signing the notice, the seller represents that they do not know any material adverse information about VLN’s current or prospective operations that has not been publicly disclosed.
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