Virtuix Holdings COO exercises 125,000 stock options
Virtuix Holdings Inc. executive Allan David Robert Malcolm, COO and President, exercised 125,000 nonstatutory stock options on July 13, 2026 at an exercise price of $1.66 per share under the 2025 Long-Term Incentive Plan.
Rhea-AI Filing Summary
Virtuix Holdings Inc. executive Allan David Robert Malcolm, COO and President, exercised 125,000 nonstatutory stock options on July 13, 2026 at an exercise price of $1.66 per share under the 2025 Long-Term Incentive Plan. The exercise delivered 125,000 Class A common shares, increasing his direct holdings to 500,000 shares. Following the transaction, he continues to hold 1,375,000 stock options, originally vesting from August 12, 2013 and expiring on January 24, 2035. The transactions were carried out pursuant to a Rule 10b5-1 trading plan.
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Insights
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Insider Trade Summary 10b5-1
125,000 shares exercised/converted
Exercise
2 txns
Insider
Allan David Robert Malcolm
Role
COO, President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Nonstatutory) F1 | 125,000 | $0.00 | $0.00 |
| Exercise | Class A common stock, par value $0.001 per share F1 | 125,000 | $1.66 | $208K |
Holdings After Transaction:
Stock Option (Nonstatutory) — 1,375,000 contracts (Direct);
Class A common stock, par value $0.001 per share — 500,000 shares (Direct)
Footnotes (1)
- F1. On July 13, 2026, the reporting person exercised 125,000 nonstatutory stock options at an exercise price of $1.66 per share pursuant to the Virtuix Holdings Inc. 2025 Long-Term Incentive Plan. These options were fully vested, with a vesting commencement date of August 12, 2013 and an expiration date of January 24, 2035.
Key Figures
Options exercised: 125000 options
Exercise price: $1.66 per share
Common shares after transaction: 500000 shares
+3 more
6 metrics
Options exercised
125000 options
Nonstatutory stock options exercised on July 13, 2026
Exercise price
$1.66 per share
Exercise price for the 125,000 options
Common shares after transaction
500000 shares
Direct Class A common stock held following the exercise
Options remaining after exercise
1375000 options
Total nonstatutory stock options held after the derivative transaction
Option expiration date
January 24, 2035
Expiration date of the exercised option grant
Vesting commencement date
August 12, 2013
Start of vesting for the exercised options
Key Terms
nonstatutory stock options, Long-Term Incentive Plan, vesting commencement date, Rule 10b5-1 trading plan
4 terms
nonstatutory stock options financial
"the reporting person exercised 125,000 nonstatutory stock options at an exercise price"
A nonstatutory stock option is a company-issued right that lets an employee or contractor buy shares later at a set price, but it does not qualify for special tax breaks. Think of it like a voucher to buy stock at today’s price; when used, the difference between market price and voucher price is taxed as ordinary income to the holder. Investors care because these options create potential share dilution, affect reported compensation costs, and influence employee incentives and cash flow when taxes and withholdings are settled.
Long-Term Incentive Plan financial
"pursuant to the Virtuix Holdings Inc. 2025 Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
vesting commencement date financial
"These options were fully vested, with a vesting commencement date of August 12, 2013"
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
Rule 10b5-1 trading plan financial
"The transactions were carried out 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Virtuix Holdings (VTIX) COO Allan Malcolm report in this Form 4?
COO Allan Malcolm exercised 125,000 nonstatutory stock options on July 13, 2026 at an exercise price of $1.66 per share, receiving an equal number of Virtuix Holdings Class A common shares in the transaction.
What was the exercise price of Allan Malcolm’s Virtuix (VTIX) stock options?
The exercised nonstatutory stock options carried an exercise price of $1.66 per share. Exercising 125,000 options at this price converted them into an equal number of Class A common shares under the company’s 2025 Long-Term Incentive Plan.
Were Allan Malcolm’s Virtuix (VTIX) transactions under a Rule 10b5-1 plan?
Yes. The filing indicates the transactions were made pursuant to a Rule 10b5-1 trading plan. Such plans pre-establish trading instructions, reducing the informational value of the timing of these option exercises for outside investors.
When do Allan Malcolm’s remaining Virtuix (VTIX) stock options expire?
The footnote states that the nonstatutory stock options have an expiration date of January 24, 2035. These options were already fully vested, with a vesting commencement date of August 12, 2013, before the reported exercise.
What compensation plan governed Allan Malcolm’s Virtuix (VTIX) options?
The exercised awards are nonstatutory stock options granted under the Virtuix Holdings Inc. 2025 Long-Term Incentive Plan. The filing notes these options were fully vested at the time of exercise and subject to that plan’s terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
