Virtuix (VTIX) CEO Goetgeluk sells 44,595 shares in pre-set 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Virtuix Holdings Inc. director and Chief Executive Officer Jan Roger Goetgeluk reported open-market sales of Class A common stock over two consecutive days. He sold 28,696 shares at $3.69 per share on April 27 and 15,899 shares at $3.52 per share on April 28.
Both transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted before the company’s direct listing. Following these sales, Goetgeluk continues to hold 4,154,147 shares of Virtuix Class A common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 44,595 shares ($161,853)
Net Sell
2 txns
Insider
Goetgeluk Jan Roger
Role
Chief Executive Officer
Sold
44,595 shs ($162K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock, par value $0.001 per share | 15,899 | $3.52 | $56K |
| Sale | Class A common stock, par value $0.001 per share | 28,696 | $3.69 | $106K |
Holdings After Transaction:
Class A common stock, par value $0.001 per share — 4,154,147 shares (Direct, null)
Footnotes (1)
- The reported sale of 28,696 shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person prior to the Company's direct listing. The reported sale of 15,899 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
Total shares sold: 44,595 shares
Sale on April 27: 28,696 shares at $3.69/share
Sale on April 28: 15,899 shares at $3.52/share
+1 more
4 metrics
Total shares sold
44,595 shares
Combined open-market sales reported in Form 4
Sale on April 27
28,696 shares at $3.69/share
Open-market sale of Class A common stock
Sale on April 28
15,899 shares at $3.52/share
Open-market sale of Class A common stock
Shares held after transactions
4,154,147 shares
Direct Class A common stock holdings post-sale
Key Terms
Rule 10b5-1 trading plan, open-market sale, Class A common stock
3 terms
Rule 10b5-1 trading plan regulatory
"was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
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
"security_title": "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.
FAQ
What insider transaction did Virtuix Holdings (VTIX) CEO Jan Roger Goetgeluk report?
Jan Roger Goetgeluk reported selling Virtuix Class A common stock in two open-market transactions totaling 44,595 shares. He sold 28,696 shares at $3.69 on April 27 and 15,899 shares at $3.52 on April 28, according to the Form 4 filing.
What type of security did Virtuix (VTIX) CEO Jan Roger Goetgeluk sell?
The CEO sold Virtuix Holdings’ Class A common stock, par value $0.001 per share. Both transactions were classified as non-derivative open-market sales, meaning they involved actual shares rather than options or other derivative securities, according to the Form 4 details.