[Form 4] VirTra, Inc. Insider Trading Activity
John F. Givens II, Chief Executive Officer and Director of VirTra, Inc. (VTSI), reported a Section 16 transaction. On 09/05/2025 he was issued 14,895 shares upon settlement of restricted stock units granted as a discretionary bonus, with 10,105 shares withheld to cover estimated tax liabilities. After the settlement and withholding, his reported beneficial ownership following the transaction was 323,388 shares, reported on a Form 4 signed 09/09/2025. The filing shows the shares were acquired as a non-derivative issuance (vesting/settlement of RSUs).
- 14,895 shares issued upon settlement of restricted stock units as a discretionary bonus
- Beneficial ownership increased to 323,388 shares following the transaction
- Form 4 includes explanatory note showing tax withholding of 10,105 shares and a dated signature
- 10,105 shares withheld to satisfy estimated tax liability, reducing net shares received
- No information provided about the grant date, vesting schedule, or dollar value of the RSUs in this filing
Insights
TL;DR: CEO received 14,895 shares from RSU settlement; net issuance after tax withholding increased reported ownership to 323,388 shares.
The Form 4 documents a routine equity compensation settlement rather than an open-market purchase or sale. The issuance of 14,895 shares was a discretionary bonus settled via restricted stock units, with 10,105 shares withheld for estimated taxes. For investors, this is a non-cash compensation event that increases insider stake on record to 323,388 shares but does not reflect a cash outlay by the reporting person. No derivative instruments or option exercises are reported.
TL;DR: Governance-wise this is a standard RSU settlement disclosure with tax withholding; timing and disclosure appear compliant.
The filing clearly identifies the reporting person as CEO and Director and discloses the nature of the transaction as settlement of restricted stock units awarded as a discretionary bonus. The Form 4 includes the required explanation of share withholding for taxes and a contemporaneous signature dated 09/09/2025. There are no indications in the document of departures from Section 16 reporting requirements or of additional arrangements (e.g., 10b5-1 plan) described in the form.