Goetgeluk Jan Roger 4

What Happened
Jan Goetgeluk, CEO of Virtuix Holdings Inc. (VTIX), elected on March 6, 2026 to convert 500,000 shares of Class B common stock into 500,000 shares of Class A common stock. This was a conversion of a derivative/security class (transaction code C) — no cash was paid or received and no market sale occurred. The filing shows share counts but does not list a per-share price or dollar value for the conversion.

Key Details

• Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-10).
• Transaction type/code: Conversion of derivative security (C).
• Shares converted: 500,000 Class B → 500,000 Class A.
• Price/value: N/A (conversion, no cash consideration reported).
• Shares owned after transaction: Not specified in this report.
• Footnote: Each Class B share is convertible into one Class A share at the holder’s option; Goetgeluk exercised that right for 500,000 shares. The shares have no expiration date.
• Filing timeliness: The report indicates the conversion on 3/6 and was filed 3/10; the filing does not indicate a late filing.

Context
A conversion like this is not a buy or a sell — it changes the share class rather than altering economic ownership. It increases the number of Class A shares outstanding by 500,000 and reduces Class B by the same amount. For retail investors, conversions typically do not by themselves signal bullish or bearish intent, though they can affect share class composition and the available float depending on any transfer restrictions on the original class.