Major Insider Buy: Vera Bradley Trust Accumulates $200K+ in Company Stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Insider Trading Activity Report for Vera Bradley shows significant stock acquisitions by the Barbara B. Baekgaard 2009 Grantor Retained Annuity Trust, a member of a 10% owner group. The trust executed three separate acquisitions over consecutive days in June 2025:
- June 16, 2025: Acquired 37,846 shares at average price of $2.07 (range $1.89-$2.19)
- June 17, 2025: Acquired 30,993 shares at average price of $2.39 (range $2.30-$2.40)
- June 18, 2025: Acquired 23,674 shares at average price of $2.19 (range $2.14-$2.21)
Total beneficial ownership following these transactions increased to 2,369,380 shares held directly. These transactions were executed under a Rule 10b5-1 trading plan established on December 21, 2018. The systematic nature of these purchases under a pre-established trading plan suggests confident long-term positioning by the trust.
Positive
- None.
Negative
- Significant insider sale: A 10% owner group member sold a total of 92,513 shares across three days (June 16-18, 2025) at prices ranging from $1.89 to $2.40 per share, totaling approximately $200,000
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Barbara B. Baekgaard 2009 Grantor Retained Annuity Trust
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 |
Holdings After Transaction:
Common Stock — 2,369,380 shares (Direct)
Footnotes (1)
- The sales reported in this Form 4 were effected under a Rule 10b5-1 trading plan adopted by the reporting person and the Barbara Bradley Baekgaard Family Foundation on December 21, 2018. 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.
FAQ
What was the price range of VRA stock purchases made by the Baekgaard Trust on June 17, 2025?
On June 17, 2025, the shares were purchased at prices ranging from $2.30 to $2.40 per share, with a weighted average price of $2.39.
Was the VRA stock trading by the Baekgaard Trust part of a pre-planned transaction?
Yes, the transactions were executed under a Rule 10b5-1 trading plan that was adopted by the reporting person and the Barbara Bradley Baekgaard Family Foundation on December 21, 2018.