Vroom (VRM) director granted 9,832 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MYLOD ROBERT J JR reported acquisition or exercise transactions in this Form 4 filing.
Vroom, Inc. director Robert J. Mylod Jr. reported an equity award of common stock. He received 9,832 shares at a price of $0.00 per share, characterized as a grant or award rather than an open‑market purchase.
The related restricted stock units will vest on the earlier of the day immediately preceding the first annual stockholders’ meeting following the grant date or June 11, 2027, subject to his continued service. After this grant, he holds 20,117 shares directly and 13,171 shares indirectly through Annox Capital, LLC, where he is managing member and disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MYLOD ROBERT J JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,832 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 20,117 shares (Direct, null);
Common Stock — 13,171 shares (Indirect, By Annox Capital, LLC)
Footnotes (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. 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.
Key Figures
Equity award size: 9,832 shares
Award price: $0.00 per share
Direct holdings after grant: 20,117 shares
+2 more
5 metrics
Equity award size
9,832 shares
Grant or award of Vroom common stock at $0.00 per share
Award price
$0.00 per share
Price for 9,832-share grant to director
Direct holdings after grant
20,117 shares
Vroom common stock held directly by Robert J. Mylod Jr.
Indirect holdings
13,171 shares
Vroom common stock held by Annox Capital, LLC
Vesting deadline
June 11, 2027
Latest vesting date for the restricted stock units, subject to service
Key Terms
Restricted Stock Units, beneficially own, pecuniary interest, indirect ownership
4 terms
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.
beneficially own financial
"may be deemed to beneficially own the securities held of record by Annox Capital, LLC"
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.
pecuniary interest financial
"disclaims such beneficial ownership except to the extent of his pecuniary interest therein, if any"
indirect ownership financial
"total_shares_following_transaction: 13171.0000 ... ownership_type: indirect"
FAQ
What insider transaction did Vroom (VRM) director Robert J. Mylod Jr. report?
Vroom director Robert J. Mylod Jr. reported receiving a grant of 9,832 shares of common stock at $0.00 per share. The transaction is a compensation-related award, not an open-market purchase or sale, and increases his directly held Vroom share position.
When do Robert J. Mylod Jr.’s Vroom (VRM) restricted stock units vest?
The restricted stock units underlying the 9,832-share award vest on the earlier of the day immediately before the first annual stockholders’ meeting after grant, or June 11, 2027. Vesting remains subject to his continued service through the applicable vesting date.
What is Annox Capital, LLC’s role in the Vroom (VRM) Form 4 filing?
Annox Capital, LLC holds 13,171 Vroom common shares reported as indirect holdings for Robert J. Mylod Jr. He is the managing member and may be deemed to beneficially own those shares, but disclaims beneficial ownership except for any pecuniary interest he may have.