VTS (NYSE: VTS) insider Michael Chernoff sells shares in April–May 2026
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
VTS reports insider sales of Common Stock under Form 144. The filing lists multiple dispositions by Michael Bruce Chernoff totaling 160, -000 shares across April–May 2026, with proceeds shown per trade. Shares outstanding are listed as 41,712,424 as of 05/19/2026.
Positive
- None.
Negative
- None.
Key Figures
Shares outstanding: 41,712,424 shares
Sale on 04/28/2026: 100,000 shares
Sale on 05/04/2026: 50,000 shares
+3 more
6 metrics
Shares outstanding
41,712,424 shares
as of 05/19/2026
Sale on 04/28/2026
100,000 shares
gross proceeds $1,864,380.00
Sale on 05/04/2026
50,000 shares
gross proceeds $959,090.00
Sale on 04/30/2026
9,796 shares
gross proceeds $186,048.57
Sale on 04/21/2026
1,000 shares
gross proceeds $18,022.00
Plan of Arrangement exchange
1,702,562 shares
03/07/2025 exchange of shares per plan of arrangement
Key Terms
Form 144, Plan of Arrangement, Gross proceeds
3 terms
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Plan of Arrangement corporate
"03/07/2025 | PLAN OF ARRANGEMENT | EXCHANGE OF SHARES PER PLAN OF ARRANGEMENT"
A plan of arrangement is a formal, court-approved agreement that reorganizes ownership or assets of a company—such as merging businesses, exchanging shares for cash or other securities, or splitting off parts of the company. Investors should care because it can change the value, number, and rights of their holdings and is often binding once approved by both shareholders and a court, offering more legal certainty than a simple vote. Think of it as a legally supervised recipe for how a company will be reshaped and who ends up with what.
Gross proceeds financial
"100000 | 1864380.00"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.
FAQ
What transactions does the VTS Form 144 show?
The filing shows multiple sales by Michael Bruce Chernoff. It lists trades on 04/21/2026, 04/28/2026, 04/30/2026, and 05/04/2026 with share amounts and gross proceeds for each trade.
Who is the reporting person on the VTS Form 144?
The reporting person is Michael Bruce Chernoff. His address appears on each trade line and the filing records his sales of Common Stock on the dates listed in the excerpt.