Vroom (VRM) 10% Owner Mudrick Capital Buys 15,595 Shares

What Happened Mudrick Capital Management, L.P. (a reporting group that is a 10% owner) acquired 15,595 shares of Vroom, Inc. (VRM) in a privately negotiated transaction on 2026-06-15 for $7.22 per share (total ~$112,596). In the same transaction the group also acquired 15,595 immediately exercisable warrants/derivative interests for $0.01 each (total ~$156). This is a purchase (a net buy), which retail investors generally view as a more informative/bullish signal than routine sales.

Key Details

• Transaction date: 2026-06-15; Form filed 2026-06-16 (timely).
• Cash purchase: 15,595 shares at $7.22 each — $112,596 total.
• Derivative/warrant purchase: 15,595 warrants at $0.01 each — $156 total; warrants are immediately exercisable into an equal number of common shares (per footnotes).
• Allocation of the cash shares (per footnote): 387 to Drawdown II SC; 1,148 to DISL; 4,151 to Drawdown II; 256 to Drawdown III; 9,653 to accounts managed by MCM.
• Shares held after the transaction (aggregate across Mudrick entities listed): 3,982,846 common shares (combined across funds/accounts reported in the filing).
• Footnotes: multiple Mudrick-affiliated funds and GP/manager entities are joint reporting persons; the filing disclaims beneficial ownership beyond pecuniary interests and notes standard general-partner/investment-manager attributions.
• This is the second of two identical Form 4s split due to EDGAR limits on the number of reporting persons.

Context

• These purchases were made by an institutional/affiliated investor group (not an operating executive), so they reflect fund-level positioning rather than a corporate insider's personal trading.
• The derivative line represents warrants (immediately exercisable) tied to the stock purchase, not an option exercise or tax-withholding event.
• Filing was timely; no late-filing flag was indicated.

Facts are drawn from the Form 4 (Accession 0001104659-26-074792) and related footnotes. This summary is factual and does not speculate on motives.