STOCK TITAN

VTS (NYSE: VTS): Insider sales reported — 101,000 shares disclosed

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

VTS Form 144 filing reports covered common stock transactions and an earlier plan-of-arrangement exchange. The excerpt lists an exchange of 1,702,562 shares on 03/07/2025 described as "exchange of shares per plan of arrangement." It also records insider sales by Michael Bruce Chernoff: 1,000 shares sold for $18,022.00 on 04/21/2026 and 100,000 shares sold for $1,864,380.00 on 04/28/2026. The filing shows 41,712,424 shares with a date of 04/30/2026.

Positive

  • None.

Negative

  • None.
Plan-of-arrangement exchange 1,702,562 shares exchange of shares per plan of arrangement on 03/07/2025
Insider sale 1 1,000 shares sold by Michael Bruce Chernoff on 04/21/2026 for $18,022.00
Insider sale 2 100,000 shares sold by Michael Bruce Chernoff on 04/28/2026 for $1,864,380.00
Reported share count 41,712,424 shares listed with date 04/30/2026 in securities information
Plan of Arrangement regulatory
""PLAN OF ARRANGEMENT | ISSUER | ... 1702562 | 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.
Rule 144 regulatory
"Form header indicates form type 144 and securities to be sold"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Exchange of shares financial
""EXCHANGE OF SHARES PER PLAN OF ARRANGEMENT""

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the VTS Form 144 disclose about insider sales?

The filing discloses insider sales by Michael Bruce Chernoff totaling 101,000 shares on two dates. It lists 1,000 shares sold for $18,022.00 on 04/21/2026 and 100,000 shares sold for $1,864,380.00 on 04/28/2026.

How many shares were exchanged under the plan of arrangement in the VTS filing?

The excerpt reports an exchange of 1,702,562 shares on 03/07/2025 described as an "exchange of shares per plan of arrangement." The entry is labeled as issuer activity tied to that plan.

What share-count context does the VTS filing provide for outstanding shares?

The filing shows a figure of 41,712,424 shares with the date 04/30/2026. This number appears alongside securities information and provides a baseline share count reported in the excerpt.

Who is listed as the seller in the recent transactions in the VTS Form 144?

The seller named in the reported transactions is Michael Bruce Chernoff, with two sales recorded: 1,000 shares on 04/21/2026 and 100,000 shares on 04/28/2026, with the sale proceeds listed.