Was the VirTra (VTSI) director’s 4,470-share transaction a stock purchase?

No, the 4,470 VirTra shares were granted as compensation, not bought. The Form 4 uses code A, described as a grant, award, or other acquisition, and the footnote clarifies it represents director compensation under VirTra’s non-employee director plan.

Did the VirTra (VTSI) director pay for the 4,470-share award reported?

The 4,470-share award shows a price per share of 0.0000, meaning no cash payment was made. The shares were issued as stock-based compensation to the director under VirTra’s non-employee director compensation plan, rather than purchased in a market transaction.

VirTra director granted 4,470 shares in stock award

Ayers Michael T. reported acquisition or exercise transactions in this Form 4 filing.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Form Type

Rhea-AI Filing Summary

Ayers Michael T. reported acquisition or exercise transactions in this Form 4 filing.

VirTra, Inc director Michael T. Ayers received a grant of 4,470 shares of Common Stock as compensation for his board service. The stock was awarded at no cash cost to him under VirTra’s compensation plan for non-employee directors. Following this award, he directly holds 7,970 VirTra common shares.

Insider Trade Summary

Grant/Award: 4,470 shares

Grant/Award 1 txn

Insider Ayers Michael T.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,470	$0.00	$0.00

Holdings After Transaction: Common Stock — 7,970 shares (Direct)

Footnotes (1)

F1. Represents director's compensation granted in stock pursuant to the Issuer's compensation plan for non-employee directors.

Key Figures

Shares granted: 4,470 shares Price per granted share: $0.0000 per share Shares owned after grant: 7,970 shares +2 more

5 metrics

Shares granted 4,470 shares Director stock compensation grant on 2026-06-22

Price per granted share $0.0000 per share Reported grant price for director award

Shares owned after grant 7,970 shares Total direct VirTra common shares following transaction

Transaction code A Grant, award, or other acquisition of Common Stock

Transaction direction acquire Non-derivative acquisition of Common Stock

Key Terms

Grant, award, or other acquisition, director's compensation, non-employee directors, Common Stock

4 terms

Grant, award, or other acquisition financial

"transaction code description is "Grant, award, or other acquisition""

director's compensation financial

"Represents director's compensation granted in stock pursuant to the Issuer's compensation plan"

non-employee directors financial

"pursuant to the Issuer's compensation plan for non-employee directors"

Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did VirTra (VTSI) director Michael T. Ayers report?

Director Michael T. Ayers reported receiving 4,470 shares of VirTra Common Stock. The shares were granted as part of his director compensation, rather than purchased on the open market, and increased his direct holdings to 7,970 shares after the transaction.

How many VirTra (VTSI) shares does Michael T. Ayers own after this Form 4?

After receiving the 4,470-share grant, Michael T. Ayers directly owns 7,970 VirTra Common Stock shares. This total is reported as his direct ownership following the transaction and reflects only non-derivative holdings described in this Form 4 filing.

What does Form 4 code "A" mean in the VirTra (VTSI) insider filing?

Form 4 transaction code "A" indicates a grant, award, or other acquisition of securities. In this VirTra filing, the 4,470 shares coded "A" are explicitly identified as director compensation granted in stock under the issuer’s compensation plan for non-employee directors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/24/2026 - 06:27 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ayers Michael T.

(Last)

(First)

(Middle)

C/O VIRTRA, INC

295 E CORPORATE PL

(Street)

CHANDLER

ARIZONA

85225

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
VirTra, Inc [ VTSI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/22/2026		A		4,470	A	⁽¹⁾	7,970	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents director's compensation granted in stock pursuant to the Issuer's compensation plan for non-employee directors.

	/s/ Michael T. Ayers	06/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR