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Vroom (NASDAQ: VRM) awards 9,832 RSUs to director Patel

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Patel Nikul reported acquisition or exercise transactions in this Form 4 filing.

Vroom, Inc. reported that director Nikul Patel received an equity grant of 9,832 shares of Common Stock as a restricted stock unit award. These RSUs will vest on the earlier of the day immediately preceding the first annual stockholders’ meeting following the grant date, or June 11, 2027, as long as he continues in service. After this grant, Patel holds 16,895 shares of Vroom common stock directly.

Positive

  • None.

Negative

  • None.
Insider Patel Nikul
Role null
Type Security Shares Price Value
Grant/Award Common Stock 9,832 $0.00 --
Holdings After Transaction: Common Stock — 16,895 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 9,832 shares Restricted Stock Units granted on June 11, 2026
Post-grant holdings 16,895 shares Total common stock held after the award
Grant price per share $0.0000 per share Equity compensation, not an open-market purchase
Latest vesting date June 11, 2027 RSUs vest by this date if service continues
Restricted Stock Units financial
"The Restricted Stock Units will vest on the earlier of the day immediately preceding the date of the first annual meeting..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
annual meeting of stockholders financial
"the first annual meeting of stockholders following the date of grant, or June 11, 2027..."
vesting date financial
"subject to the Reporting Person's continued service through the applicable vesting date."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Patel Nikul
(Last)(First)(Middle)
C/O VROOM, INC.
4700 MERCANTILE DRIVE
(Street)
FORT WORTH TEXAS 76137
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Vroom, Inc. [ VRM ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/11/2026A9,832(1)A$0.0016,895D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The Restricted Stock Units will vest on the earlier of the day immediately preceding the date of the first annual meeting of stockholders following the date of grant, or June 11, 2027, subject to the Reporting Person's continued service through the applicable vesting date.
Remarks:
/s /Anna-Lisa Corrales, Attorney-in-Fact for Nikul Patel06/15/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Vroom (VRM) director Nikul Patel report in this Form 4?

Director Nikul Patel reported receiving an equity grant of 9,832 shares of Vroom common stock in the form of restricted stock units. This is a compensation-related award rather than an open-market purchase or sale of shares.

How many Vroom (VRM) shares were granted to Nikul Patel?

Nikul Patel was granted 9,832 shares of Vroom common stock through a restricted stock unit award. The grant price is listed as $0.0000 per share, reflecting that this is a compensation grant, not a cash purchase on the open market.

When do Nikul Patel’s Vroom (VRM) restricted stock units vest?

The restricted stock units will vest on the earlier of the day immediately before the first annual meeting of stockholders after the grant date, or June 11, 2027, provided Patel continues his service with Vroom through the applicable vesting date.

How many Vroom (VRM) shares does Nikul Patel hold after this grant?

Following the restricted stock unit award, Nikul Patel is reported to beneficially own 16,895 shares of Vroom common stock directly. This figure reflects his holdings after giving effect to the 9,832-share compensation grant disclosed in the Form 4.

Was Nikul Patel’s Vroom (VRM) transaction a market purchase or sale?

The transaction was not a market trade. It is coded as an “A” transaction, meaning a grant, award, or other acquisition, with a price of $0.0000 per share, indicating a restricted stock unit compensation grant rather than an open-market buy or sell.

What conditions apply to Nikul Patel’s Vroom (VRM) RSU vesting?

The RSUs vest only if Patel continues his service with Vroom through the vesting date. Vesting occurs on the earlier of the day immediately preceding the first post-grant annual stockholders’ meeting, or June 11, 2027, according to the footnote disclosure.