VLN (ticker: VLN) holder files to sell 13,000 ordinary shares

Rhea-AI Filing Summary

VLN received a Form 144 notice for a planned sale of ordinary shares. The shareholder intends to sell 13,000 ordinary shares through Oppenheimer & Co. Inc. on the NYSE around 01/08/2026, in a transaction valued at an aggregate market value of $20,150.00. The filing notes that 106,342,415 ordinary shares were outstanding.

The 13,000 shares to be sold were originally acquired on 06/01/2017 under an Employee Stock Option Plan from the issuer, with payment described as cash upon exercise. The form also lists recent sales over the prior three months by Dror Jerushalmi, including multiple blocks of ordinary shares sold in December 2025 and early January 2026 with disclosed gross proceeds for each sale. The signer represents that they are not aware of undisclosed material adverse information about the issuer.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Ordinary	Oppenheimer & Co. Inc. 85 broad st. New York NY 10004	13000	20150.00	106342415	01/08/2026	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Ordinary	06/01/2017	Employee Stock Option Plan	Issuer			13000	01/08/2026	Cash - Upon Exercise

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Dror Jerushalmi 8 HANAGAR ST. POB 7152 HOD HASHARON L3 4501309	Ordinary	12/05/2025	24000	40800.00
Dror Jerushalmi 8 HANAGAR ST. POB 7152, HOD HASHARON L3 4501309	Ordinary	12/08/2025	6000	10200.00
Dror Jerushalmi 8 HANAGAR ST. POB 7152 HOD HASHARON L3 4501309	Ordinary	12/09/2025	12631	21760.69
Dror Jerushalmi 8 HANAGAR ST. POB 7152 HOD HASHARON L3 4501309	Ordinary	01/02/2026	58900	90906.92
Dror Jerushalmi 8 HANAGAR ST. POB 7152 HOD HASHARON L3 4501309	Ordinary	01/05/2026	12800	20480.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many VLN shares are planned to be sold under this Form 144?

The notice covers a planned sale of 13,000 ordinary shares of VLN. These shares are expected to be sold through Oppenheimer & Co. Inc. on the NYSE around 01/08/2026, with an aggregate market value reported as $20,150.00.

How many VLN shares were outstanding according to this Form 144 filing?

The Form 144 states that the number of ordinary shares outstanding for VLN was 106,342,415 at the time referenced in the notice. This figure provides a baseline for understanding the size of the planned sale relative to the total share count.

How and when were the VLN shares being sold under Form 144 originally acquired?

The 13,000 ordinary shares covered by this notice were acquired on 06/01/2017 under an Employee Stock Option Plan from the issuer. The filing describes the purchase as paid in cash upon exercise of the options.

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

The Form 144 lists Oppenheimer & Co. Inc., located at 85 Broad St., New York, NY 10004, as the broker for the transaction. The ordinary shares are expected to be sold on the NYSE, as specified in the securities information section.

Who is the selling shareholder named in this VLN Form 144 and what prior sales are disclosed?

The selling shareholder identified is Dror Jerushalmi. The form discloses that he sold ordinary shares of VLN on several dates in the prior three months, including 24,000 shares on 12/05/2025 for gross proceeds of $40,800.00, 6,000 shares on 12/08/2025 for $10,200.00, 12,631 shares on 12/09/2025 for $21,760.69, 58,900 shares on 01/02/2026 for $90,906.92, and 12,800 shares on 01/05/2026 for $20,480.00.

What representation does the seller make about VLNs information in this Form 144?

By signing the notice, the person for whose account the VLN securities are to be sold represents that they do not know any material adverse information about the issuers current or prospective operations that has not been publicly disclosed. The form also warns that intentional misstatements or omissions of facts can constitute federal criminal violations.