Harned Timothy Heydenreich 4
4 · Vuzix Corp · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Vuzix Director Timothy Harned Sells 10,000 Shares
What Happened
Harned Timothy Heydenreich (Director) reported an open-market sale of 10,000 Vuzix Corp (VUZI) shares on 2026-05-21. The weighted average sale price was $4.73 (range $4.69–$4.75), producing gross proceeds of approximately $47,300. Per the filing footnote, the shares were sold to cover the reporting person's tax liability upon the vesting of equity compensation.
Key Details
- Transaction date: 2026-05-21 (reported same day).
- Price: Weighted average $4.73; prices ranged $4.69–$4.75 (footnote F2).
- Shares sold: 10,000; Gross proceeds ≈ $47,300.
- Reason: Sale to cover tax withholding on vested equity (footnote F1).
- Shares owned after transaction: Not specified in the provided filing summary.
- Filing timeliness: No late filing indicated (Period of Report and Filed date are 2026-05-21).
- Transaction code: S = Sale.
Context
Tax-withholding sales tied to vesting are common and typically routine liquidity events to satisfy tax obligations; they do not necessarily indicate the insider’s view on the company’s prospects. Footnote F2 notes the reported sale price is a weighted average across multiple transactions; exact allocations by price are available from the SEC staff, the issuer, or any security holder upon request.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-05-21$4.73/sh−10,000$47,300→ 318,158 total
Footnotes (2)
- [F1]The shares were sold to cover the reporting person's tax liability upon the vesting of equity compensation.
- [F2]This sales price reflects a weighted average of multiple prices ranging from $4.69 to $4.75. Full information regarding the number of shares sold at each price will be provided to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer upon request.