Virtuix CEO sells 17,508 shares under 10b5-1 plan
Virtuix Holdings Inc. Chief Executive Officer Jan Roger Goetgeluk reported two open-market sales of Class A common stock.
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Form Type
4
Rhea-AI Filing Summary
Virtuix Holdings Inc. Chief Executive Officer Jan Roger Goetgeluk reported two open-market sales of Class A common stock. He sold 8,185 shares at $6.40 per share on April 15 and 9,323 shares at $6.14 per share on April 16.
Both transactions were executed under a Rule 10b5-1 trading plan that he adopted before the company’s direct listing, indicating they were pre-scheduled. Following these sales, he continues to hold directly about 4.45 million shares of Virtuix Class A common stock.
Insider Trade Summary
Net Seller: 17,508 shares
Net Sell
2 txns
Insider
Goetgeluk Jan Roger
Role
Chief Executive Officer
Sold
17,508 shs ($110K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock, par value $0.001 per share | 9,323 | $6.14 | $57K |
| Sale | Class A common stock, par value $0.001 per share | 8,185 | $6.40 | $52K |
Holdings After Transaction:
Class A common stock, par value $0.001 per share — 4,447,242 shares (Direct)
Footnotes (2)
- F1. The reported sale of 8,185 shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person prior to the Company's direct listing.
- F2. The reported sale of 9,323 shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person prior to the Company's direct listing.
Key Figures
Shares sold April 15: 8,185 shares at $6.40
Shares sold April 16: 9,323 shares at $6.14
Total shares sold: 17,508 shares
+2 more
5 metrics
Shares sold April 15
8,185 shares at $6.40
Open-market sale of Class A common stock
Shares sold April 16
9,323 shares at $6.14
Open-market sale of Class A common stock
Total shares sold
17,508 shares
Combined April 15–16 insider sales
Holdings after April 15 sale
4,456,565 shares
Direct Class A common stock held by CEO
Holdings after April 16 sale
4,447,242 shares
Direct Class A common stock held by CEO
Key Terms
Rule 10b5-1 trading plan, open-market sale, Class A common stock, direct listing
4 terms
Rule 10b5-1 trading plan regulatory
"The reported sale of 8,185 shares was effected pursuant to a Rule 10b5-1 trading plan..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A common stock financial
"Class A common stock, par value $0.001 per share"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
direct listing market
"trading plan adopted by the reporting person prior to the Company's direct listing"
A direct listing is a way for a company to become publicly available for trading without issuing new shares or raising additional money beforehand. Instead, existing shares are simply made available for purchase on the stock market, allowing current investors and employees to sell their holdings. This process can offer a simpler and faster way for a company to go public, giving investors quicker access to buy and sell shares.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Virtuix Holdings (VTIX) disclose in this Form 4?
The filing shows CEO Jan Roger Goetgeluk sold 8,185 shares at $6.40 and 9,323 shares at $6.14 in open-market trades. Both transactions involved Virtuix Class A common stock and were reported as routine Section 16 insider sales.
Were the Virtuix (VTIX) CEO’s stock sales made under a Rule 10b5-1 plan?
Yes. Footnotes state both the 8,185-share and 9,323-share sales were executed under a Rule 10b5-1 trading plan adopted before Virtuix’s direct listing. Such pre-arranged plans automate trading and can reduce the significance of trade timing signals.
What type of security did the Virtuix (VTIX) CEO sell in this Form 4?
The transactions involved Virtuix Holdings’ Class A common stock, with a par value of $0.001 per share. Both reported trades are non-derivative securities, meaning they relate to actual common shares rather than options, warrants, or other derivative instruments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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