Vroom (VRM) Mudrick Capital Receives 9,832-Share RSU Award

What Happened
Mudrick Capital Management, L.P. (a reported 10% owner) was reported as the recipient of an award of 9,832 restricted stock units (RSUs) in Vroom, Inc. (VRM) on June 11, 2026. The RSUs were granted at a $0 acquisition price (typical for awards) and were originally granted to director Matthew Pietroforte, who assigned all rights in the RSUs (including the underlying shares) to Mudrick Capital. The RSUs vest on the earlier of the day before the first annual meeting after the grant or June 11, 2027, subject to continued service.

Key Details

• Transaction date: 2026-06-11
• Transaction type/code: Award of RSUs (A)
• Shares involved: 9,832 RSUs; grant price reported $0 (no cash paid at grant)
• Vesting: Earlier of the day before the first annual meeting after grant or June 11, 2027, subject to continued service by the original grantee
• Ownership after transaction: Not specified in this filing (filing notes Mudrick is a 10% owner)
• Reporting/filing notes: The RSUs were granted to director Matthew Pietroforte and assigned to Mudrick Capital; multiple related Mudrick entities and persons are joint reporting persons. This Form 4 is one of two identical filings (split because there are more than 10 reporting persons). The Form 4 was filed on 2026-06-15 for a 2026-06-11 transaction (within the typical two-business-day filing window).
• Footnote disclaimers: Reporting persons disclaim beneficial ownership beyond any pecuniary interest and note various GP/LP relationships that may give rise to deemed ownership.

Context

• An RSU award (code A) is a grant of future shares contingent on vesting; it is not a cash purchase or a sale and does not by itself signal buying/selling intent.
• Because the award was assigned from a board member to Mudrick Capital (an institutional/10% owner), this primarily reflects an institutional holding arrangement rather than a direct executive cash purchase or sale.
• Retail investors typically view purchases (P) as stronger affirmative signals than awards; awards are routine compensation/assignment events and should be interpreted with caution without additional context.