Vroom (VRM) awards CFO Jonathan Sandison 13,271 RSUs vesting in 2028
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vroom, Inc. reported that its CFO, Jonathan Sandison, acquired 13,271 shares of common stock in the form of a restricted stock unit (RSU) award at no purchase price. Following this grant, he directly holds 54,506 shares.
The 13,271 RSUs will vest in six installments during early 2028: five tranches of 2,330 shares and a final tranche of 1,621 shares, each vesting date requiring his continued service. Each RSU represents the right to receive one share of Vroom common stock when it vests.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sandison Jonathan
Role
CFO, Vroom and UACC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,271 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 54,506 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 13,271 shares
Grant price: $0.00 per share
Holdings after transaction: 54,506 shares
+2 more
5 metrics
RSUs granted
13,271 shares
Award of restricted stock units on June 30, 2026
Grant price
$0.00 per share
Equity compensation, no cash paid for RSUs
Holdings after transaction
54,506 shares
Direct ownership following RSU award
RSU vesting tranches
5×2,330 shares; 1×1,621 shares
Six installments through March 31, 2028
Vesting condition
Continued service required
Each 2028 vesting date depends on ongoing service
Key Terms
restricted stock units ("RSUs"), vest, contingent right, continued service
4 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"), which will vest in six installments"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"which will vest in six installments as follows: (i) 2,330 shares on January 4, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock"
continued service financial
"in each case subject to the Reporting Person's continued service on such date"
FAQ
What insider transaction did Vroom (VRM) disclose for CFO Jonathan Sandison?
Vroom disclosed that CFO Jonathan Sandison received an award of 13,271 restricted stock units. These RSUs carry no purchase price and represent future rights to common shares, increasing his direct holdings to 54,506 shares after the grant.
When do Jonathan Sandison’s Vroom (VRM) RSUs vest?
The RSUs vest in six installments in early 2028: 2,330 shares on January 4, 18, and 31, February 10 and 22, and 1,621 shares on March 31, 2028. Each vesting date requires his continued service with the company.
Did Vroom’s CFO pay cash for the 13,271 RSU award?
No, the filing shows a per-share transaction price of $0.00 for the 13,271 RSUs. This indicates a compensation grant, where the CFO receives equity that will convert into common shares as it vests over time.
What are Jonathan Sandison’s Vroom (VRM) holdings after this Form 4 transaction?
After the RSU grant, Jonathan Sandison directly holds 54,506 shares of Vroom common stock. This figure reflects his position reported on the Form 4 and shows his ongoing equity stake in the company alongside the unvested RSUs.