Virtuix Holdings (VTIX) CEO converts 500,000 Class B shares
Rhea-AI Filing Summary
Virtuix Holdings Inc. director and Chief Executive Officer Jan Goetgeluk reported an internal share conversion. On March 6, 2026, he converted 500,000 shares of Class B common stock into 500,000 shares of Class A common stock, with each Class B share convertible 1-for-1 into Class A. Following this conversion, his reported direct holdings of Class A common stock were 507,488 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500,000 shares
Net Buy
1 txn
Insider
Goetgeluk Jan Roger
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class A common stock, par value $0.001 per share | 500,000 | $0.00 | $0.00 |
Holdings After Transaction:
Class A common stock, par value $0.001 per share — 507,488 shares (Direct)
Footnotes (1)
- F1. Each share of Class B common stock is convertible into one share of Class A common stock at any time at the option of the holder. On March 6, 2026, Jan Goetgeluk elected to convert 500,000 shares of Class B common stock into an equal number of shares of Class A common stock. The shares of Class A common stock and Class B common stock have no expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Virtuix Holdings (VTIX) report on this Form 4?
The filing reports an internal share conversion by CEO Jan Goetgeluk. On March 6, 2026, he converted 500,000 shares of Class B common stock into 500,000 shares of Class A common stock at a stated price of $0.0000 per share.
What type of transaction is shown in the Virtuix Holdings (VTIX) Form 4?
The transaction is classified as a conversion of a derivative security. Specifically, Class B common stock was converted into Class A common stock on a one-for-one basis, coded as “C” for conversion and tagged as a non-derivative acquisition of Class A shares.