Virtuix CFO McGinnis reports 50,000 VTIX shares
Virtuix Holdings Inc. filed a Form 3 showing that Chief Financial Officer Thomas McGinnis beneficially owns 50,000 shares of Class A common stock.
Rhea-AI Filing Summary
Virtuix Holdings Inc. filed a Form 3 showing that Chief Financial Officer Thomas McGinnis beneficially owns 50,000 shares of Class A common stock. The filing also describes equity awards under the company’s 2025 Omnibus Plan that may convert into additional shares over time.
McGinnis received 42,000 restricted stock units on October 9, 2025, with 10,500 units vesting on January 27, 2027 and the remaining 31,500 units vesting in equal quarterly installments thereafter, subject to continued service. He also received 8,000 restricted stock units, with 4,000 units vesting on August 11, 2027 and 4,000 units vesting on August 11, 2028, again subject to continued service. Each unit represents a contingent right to receive one share of Class A common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A common stock, par value $0.001 per share | -- | -- | -- |
Footnotes (1)
- F1. Represents (i) 42,000 restricted stock units granted to the reporting person on October 9, 2025, pursuant to the Company's 2025 Omnibus Plan (the "2025 Omnibus Plan"). Twenty-five percent (25%) of the restricted stock units (10,500 units) vest on January 27, 2027, with the remaining seventy-five percent (75%) vesting in equal quarterly installments thereafter, subject to the reporting person's continued service with the Company through each applicable vesting date and (ii) 8,000 restricted stock units granted to the reporting person pursuant to the 2025 Omnibus Plan. Fifty percent (50%) of the restricted stock units (4,000 units) vest on August 11, 2027, with the remaining fifty percent (50%) vesting on August 11, 2028, subject to the reporting person's continued service with the Company through each applicable vesting date. Each restricted stock unit represents a contingent right to receive one share of Class A common stock of the Company.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider position does the VTIX Form 3 disclose for Virtuix’s CFO?
How many restricted stock units does Virtuix CFO Thomas McGinnis hold?
What is the vesting schedule for the 42,000 RSUs reported in the VTIX Form 3?
How do the additional 8,000 Virtuix RSUs vest for the CFO?
What does each Virtuix restricted stock unit reported by VTIX represent?
Is the ownership reported by Virtuix CFO Thomas McGinnis direct or indirect?
AI-generated analysis. How Rhea-AI works. Not financial advice.