Vroom (NASDAQ: VRM) director and Annox entity sell shares and warrants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vroom, Inc. director Robert J. Mylod Jr. reported selling common stock and warrants tied to Vroom shares in privately negotiated transactions. An entity he manages, Annox Capital, LLC, sold 13,171 shares of common stock at $7.22 per share and 13,171 related warrants at $0.01 per warrant, eliminating its reported holdings in those securities.
Mylod personally sold 2,424 shares of common stock at $7.22 per share and 2,424 warrants at $0.01 per warrant. After these transactions, he directly holds 17,693 shares of Vroom common stock and no warrants, according to the filing and its corrective footnote.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 31,190 shares ($112,752)
Net Sell
4 txns
Insider
MYLOD ROBERT J JR
Role
null
Sold
31,190 shs ($113K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Warrants (Right to buy) | 2,424 | $0.01 | $24.24 |
| Sale | Warrants (Right to buy) | 13,171 | $0.01 | $131.71 |
| Sale | Common Stock | 2,424 | $7.22 | $18K |
| Sale | Common Stock | 13,171 | $7.22 | $95K |
Holdings After Transaction:
Warrants (Right to buy) — 0 shares (Direct, null);
Warrants (Right to buy) — 0 shares (Indirect, By Annox Capital, LLC);
Common Stock — 17,693 shares (Direct, null);
Common Stock — 0 shares (Indirect, By Annox Capital, LLC)
Footnotes (1)
- The price reported in Column 4 is the per share sale price equal to the closing price per share of Vroom, Inc.'s stock on NASDAQ as of June 12, 2026 under a privately negotiated transaction. The Reporting Person is the managing member of Annox Capital, LLC and as a result may be deemed to beneficially own the securities held of record by Annox Capital, LLC. The Reporting Person disclaims such beneficial ownership except to the extent of his pecuniary interest therein, if any. The price reported in Column 8 is the per warrant sale price equal to $0.01 under a privately negotiated transaction. This Report corrects and updates the Reporting Person's ownership of warrants and reflects that the Reporting Person directly held 2,424 warrants prior to the transaction reported herein, disposed of all such warrants under the transaction reported herein and directly beneficially owns no warrants following the transaction reported herein.
Key Figures
Net securities sold: 31,190 shares and warrants
Common stock sale price: $7.22 per share
Warrant sale price: $0.01 per warrant
+3 more
6 metrics
Net securities sold
31,190 shares and warrants
Aggregate net sales in Form 4 transactionSummary
Common stock sale price
$7.22 per share
Per-share price for common stock sales on June 15, 2026
Warrant sale price
$0.01 per warrant
Per-warrant sale price in privately negotiated transaction
Direct shares after sale
17,693 shares
Vroom common stock directly owned after transactions
Warrant exercise price
$60.95 per share
Exercise price of disposed Vroom warrants
Warrant expiration date
January 14, 2030
Scheduled expiration date of the reported warrants
Key Terms
open-market sale, Warrants (Right to buy), beneficially own, privately negotiated transaction, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Warrants (Right to buy) financial
"security_title: "Warrants (Right to buy)""
beneficially own financial
"may be deemed to beneficially own the securities held of record"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
privately negotiated transaction financial
"under a privately negotiated transaction"
A privately negotiated transaction is a deal whose terms are worked out directly between a buyer and a seller rather than through a public market or open auction. Think of it like selling a car to a neighbor instead of putting it on eBay: the price, timing and conditions are agreed one-on-one, so investors may see less public information, different pricing compared with market trades, and potential impacts on liquidity and valuation.
pecuniary interest financial
"disclaims such beneficial ownership except to the extent of his pecuniary interest"
FAQ
What did Vroom (VRM) director Robert J. Mylod Jr. report in this Form 4?
He reported selling Vroom common stock and related warrants in privately negotiated transactions. The filing shows activity both through Annox Capital, LLC and in his direct holdings, with updated post-transaction ownership disclosed for common shares and warrants.
How many Vroom securities were sold in total in this Form 4 filing?
The transaction summary shows net sales of 31,190 securities, including common shares and warrants. These were split between indirect holdings via Annox Capital, LLC and Mylod’s direct holdings, all reported with specific per-share and per-warrant prices on the transaction date.
At what prices did the Vroom (VRM) stock and warrants transfer in the reported transactions?
Common stock was sold at $7.22 per share, equal to Vroom’s NASDAQ closing price on June 12, 2026. Warrants were sold at $0.01 per warrant in a privately negotiated transaction, according to the detailed footnotes in the Form 4.
What Vroom holdings remain directly owned by Robert J. Mylod Jr. after these transactions?
After the reported trades, he directly owns 17,693 shares of Vroom common stock. The corrective footnote states he disposed of all 2,424 directly held warrants, so the filing shows no remaining directly beneficially owned warrants following the transactions.
What role did Annox Capital, LLC play in the Vroom (VRM) Form 4 transactions?
Annox Capital, LLC sold 13,171 Vroom common shares and 13,171 related warrants. Mylod is the managing member and may be deemed to beneficially own those securities, but he disclaims beneficial ownership except to the extent of any pecuniary interest described in the footnote.
What are the key terms of the Vroom warrants involved in this Form 4?
The warrants had an exercise price of $60.95 per share, became exercisable on January 14, 2025, and were scheduled to expire on January 14, 2030. All directly held warrants referenced in the corrective footnote were disposed of in the reported transaction.