Vroom (VRM) CEO Thomas H. Shortt receives 205,000 stock options grant
Rhea-AI Filing Summary
Vroom, Inc. reported that Chief Executive Officer Thomas H. Shortt received a grant of 205,000 stock options on August 6, 2026. The options have an exercise price of $13.68 per share and expire on August 6, 2036, covering 205,000 shares of common stock. According to the vesting terms, the award will vest in 22 equal installments of 9,221 options from January 16, 2029 through March 28, 2029, plus one installment of 2,138 options on February 26, 2029, subject to the CEO’s continued service. Following this award, Shortt holds 205,000 derivative securities directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shortt Thomas H
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to buy) F1 | 205,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Options (Right to buy) — 205,000 shares (Direct)
Footnotes (1)
- F1. Represents an award of stock options which will vest in 22 equal installments of 9,221 options from January 16, 2029 through March 28, 2029 with one installment of 2,138 options on February 26, 2029, subject to Reporting Person's continued service on the applicable vesting date.
Key Figures
Stock options granted: 205,000 options
Exercise price: $13.68 per share
Expiration date: August 6, 2036
+4 more
7 metrics
Stock options granted
205,000 options
Grant to CEO Thomas H. Shortt on August 6, 2026
Exercise price
$13.68 per share
Exercise price of newly granted stock options
Expiration date
August 6, 2036
Expiration of granted stock options
Underlying shares
205,000 shares
Common stock underlying the options
Post-grant derivative holdings
205,000 options
Total derivative securities held directly after the transaction
Equal vesting installments
22 installments of 9,221 options
Vesting schedule from January 16, 2029 through March 28, 2029
Final vesting installment
2,138 options
Additional vesting on February 26, 2029
Key Terms
Stock Options (Right to buy), exercise price, expiration date, vesting
4 terms
Stock Options (Right to buy) financial
"security_title: Stock Options (Right to buy)"
exercise price financial
"conversion_or_exercise_price: 13.6800"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date: 2036-08-06"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vesting financial
"award of stock options which will vest in 22 equal installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Vroom, Inc. (VRM) report for CEO Thomas H. Shortt in this Form 4?
Vroom, Inc. reported that CEO Thomas H. Shortt received a grant of 205,000 stock options on August 6, 2026, giving him the right to buy common shares at a fixed exercise price.
What is the exercise price of the new stock options granted to the VRM CEO?
The stock options granted to the VRM CEO have an exercise price of $13.68 per share. This is the price at which he may purchase Vroom common stock upon exercising the options.
When do the newly granted Vroom (VRM) stock options to the CEO begin vesting and when do they expire?
The options begin vesting in January 2029 and continue through March 2029 in multiple installments. They have an expiration date of August 6, 2036, after which any unexercised options lapse.
What are the vesting terms of the Vroom (VRM) CEO’s 205,000 stock options?
The award will vest in 22 equal installments of 9,221 options from January 16, 2029 through March 28, 2029 and one installment of 2,138 options on February 26, 2029, conditioned on continued service.
How many derivative securities does the Vroom (VRM) CEO hold after this option grant?
After this grant, Thomas H. Shortt holds 205,000 derivative securities directly. These consist of stock options giving him the right to purchase an equivalent number of Vroom common shares.