VTS (VTS) Form 144: Affiliate Michael Chernoff lists multiple stock sales

Rhea-AI Filing Summary

VTS affiliate filed a Form 144 notice reporting proposed and recent sales of Common Stock. The filing lists multiple sale transactions by Michael Bruce Chernoff on 04/21/2026, 04/28/2026, 04/30/2026, 05/04/2026, and 05/19/2026 with individual share amounts and proceeds shown. The cover section also references an exchange of shares per plan of arrangement dated 03/07/2025 and a listed total figure of 41,712,424.

Insights

Corporate Securities Counsel

Form 144 lists proposed affiliate sales and prior exchange activity.

The filing text shows multiple cash sale transactions by Michael Bruce Chernoff with specific dates, share counts, and dollar proceeds, which the filer is required to report when seeking an exemption for resale.

Timing and method details for future sales beyond the listed dates are not included in the excerpt; filings and trade reports will show any subsequent dispositions.

Key Figures

Sale on 04/28/2026: 100,000 shares Proceeds on 04/28/2026: $1,864,380.00 Sale on 05/19/2026: 100,000 shares +4 more

7 metrics

Sale on 04/28/2026 100,000 shares Sale by Michael Bruce Chernoff on 04/28/2026

Proceeds on 04/28/2026 $1,864,380.00 Proceeds from 100,000-share sale on 04/28/2026

Sale on 05/19/2026 100,000 shares Sale by Michael Bruce Chernoff on 05/19/2026

Proceeds on 05/19/2026 $1,840,671.90 Proceeds from 100,000-share sale on 05/19/2026

Sale on 05/04/2026 50,000 shares Sale by Michael Bruce Chernoff on 05/04/2026

Proceeds on 05/04/2026 $959,090.00 Proceeds from 50,000-share sale on 05/04/2026

Cover figure 41,712,424 Number shown in cover-like section alongside date <date>05/27/2026</date>

Key Terms

Form 144, Plan of Arrangement, Proceeds

3 terms

Form 144 regulatory

"Form 144 notice reporting proposed sales and recent sales by an affiliate"

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

"Exchange of shares per plan of arrangement dated 03/07/2025"

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.

Proceeds financial

"Transaction lines show dollar amounts labeled as proceeds for each sale"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON STOCK	SCOTIA WEALTH MANAGEMENT SUITE 1700, 225 6TH AVENUE SW CALGARY A0 T2P1N2	100000	1711450.00	41712424	05/27/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
COMMON STOCK	03/07/2025	PLAN OF ARRANGEMENT	ISSUER			1702562	03/07/2025	EXCHANGE OF SHARES PER PLAN OF ARRANGEMENT

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
MICHAEL BRUCE CHERNOFF 3230, 421 - 7TH AVENUE SW CALGARY A0 T2P 4K9	COMMON STOCK	04/21/2026	1000	18022.00
MICHAEL BRUCE CHERNOFF 3230, 421 - 7TH AVENUE SW CALGARY A0 T2P 4K9	COMMON STOCK	04/28/2026	100000	1864380.00
MICHAEL BRUCE CHERNOFF 3230, 421 - 7TH AVENUE SW CALGARY A0 T2P 4K9	COMMON STOCK	04/30/2026	9796	186048.57
MICHAEL BRUCE CHERNOFF 3230, 421 - 7TH AVENUE SW CALGARY A0 T2P 4K9	COMMON STOCK	05/04/2026	50000	959090.00
MICHAEL BRUCE CHERNOFF 3230, 421 - 7TH AVENUE SW CALGARY A0 T2P 4K9	COMMON STOCK	05/19/2026	100000	1840671.90

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the VTS Form 144 filing report?

The filing reports proposed and recent sales of Common Stock by an affiliate, listing specific transactions by Michael Bruce Chernoff on 04/21/2026, 04/28/2026, 04/30/2026, 05/04/2026, and 05/19/2026 with share counts and proceeds.

How many shares did Michael Bruce Chernoff sell on 04/28/2026?

On 04/28/2026 the filing shows a sale of 100,000 shares for proceeds of $1,864,380.00, reported as a discrete transaction in the Form 144 excerpt.

What is the Plan of Arrangement date referenced in the filing?

The excerpt references an exchange of shares per plan of arrangement dated 03/07/2025, and shows an associated figure of 1,702,562 in that section.

What aggregate figure appears on the cover of this excerpt?

The cover-like line in the excerpt includes the number 41,712,424, presented alongside other cover fields such as a date 05/27/2026 and listing venue NYSE.

Do these entries indicate who receives sale proceeds?

The excerpt lists transaction proceeds amounts for each sale (e.g., $1,840,671.90 on 05/19/2026) but does not state the cash‑flow recipient or use of proceeds in the provided text.