Major Vera Bradley Stakeholder Increases Position as Stock Trades Near Historic Lows
Filing Impact
Filing Sentiment
Form Type
4
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
6 transactions reported
Mixed
6 txns
Insider
Byrne Thomas Farrell II
Role
Insider
| 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 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,369,380 shares (Indirect, By Barbara B. Baekgaard 2009 Grantor Retained Annuity Trust)
Footnotes (1)
- 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. The reporting person disclaims beneficial ownership of these shares, except to the extent of the reporting person's pecuniary interest therein.
FAQ
What is Thomas Byrne's total indirect ownership of VRA stock after these transactions?
Following the reported transactions, Thomas Byrne indirectly owns a total of 2,767,860 shares through various entities: 2,369,380 shares through the Barbara B. Baekgaard 2009 Grantor Retained Annuity Trust, 31,358 shares through the Barbara Bradley Baekgaard Family Foundation, 333,057 shares through the Thomas Farrell Byrne II Revocable Trust, and 34,065 shares through the Thomas F. Byrne, II 2017 Grantor Retained Annuity Trust #1.
What is Thomas Byrne's relationship to Vera Bradley (VRA)?
According to the Form 4 filing, Thomas Byrne is classified as 'Other' in relation to Vera Bradley, specifically identified as a 'Member of a 10% owner group' of the company.