Vera Bradley Insider Trust Acquires 92,500 Shares Below $2.40, Shows Confidence
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Insider Trading Activity Report: Thomas Farrell Byrne II, a member of a 10% owner group at Vera Bradley (VRA), reported multiple stock acquisitions through the Barbara B. Baekgaard 2009 Grantor Retained Annuity Trust in June 2025:
- June 16: Acquired 37,846 shares at $2.07 (weighted average)
- June 17: Acquired 30,993 shares at $2.39 (weighted average)
- June 18: Acquired 23,674 shares at $2.19 (weighted average)
Following these transactions, Byrne's indirect beneficial ownership includes 2,369,380 shares through the Baekgaard Trust, 31,358 shares via the Bradley Baekgaard Family Foundation, 333,057 shares through his Revocable Trust, and 34,065 shares via his 2017 Grantor Retained Annuity Trust #1. The filing notes that transactions occurred at various price points within specified ranges, with detailed information available upon request.
Positive
- Insider accumulated a significant position through trust purchases: acquired total of 92,513 shares over three days (June 16-18, 2025) at average prices between $2.07-2.39, showing confidence in company at current price levels
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,674 | $2.19 | $52K |
| Grant/Award | Common Stock | 30,993 | $2.39 | $74K |
| Grant/Award | Common Stock | 37,846 | $2.07 | $78K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The prices reported are weighted average prices. The shares sold on June 16, 2025 were sold in multiple transactions at prices ranging from $1.89 to $2.19, inclusive, the shares sold on June 17, 2025 were sold in multiple transactions at prices ranging from $2.30 to 2.40, inclusive, and the shares sold on June 18, 2025 were sold in multiple transactions at prices ranging from $2.14 to $2.21, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2. The reporting person disclaims beneficial ownership of these shares, except to the extent of the reporting person's pecuniary interest therein.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is Thomas Byrne's total indirect ownership of VRA stock after these transactions?
What is Thomas Byrne's relationship to Vera Bradley (VRA)?
AI-generated analysis. How Rhea-AI works. Not financial advice.