Cunningham John A. 4
Research Summary
AI-generated summary
Virtuix (VTIX) Director John Cunningham Receives RSU Award
What Happened
John A. Cunningham, a director of Virtuix Holdings Inc. (VTIX), was granted a total of 17,142 restricted stock units (RSUs) on March 13, 2026. The filing shows two awards: 14,285 RSUs (grant price $0) that vest in full on January 27, 2027, and 2,857 RSUs (grant price $0) that vest 33.33% on each of the first, second and third anniversaries of the initial vesting date (January 27, 2026). Each RSU represents a contingent right to one share of Class A common stock; no cash was paid by the insider.
Key Details
- Transaction date: March 13, 2026; transaction type: A = Award/Grant; reported on Form 4 filed March 16, 2026.
- Grants: 14,285 RSUs (vesting in full 01/27/2027) and 2,857 RSUs (33.33% vest on each of the 1st–3rd anniversaries of 01/27/2026).
- Price reported: $0.00 per RSU (typical for awards/grants). Total cash exchanged: $0.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 describes the 14,285 RSUs (single-date vesting), F2 describes the 2,857 RSUs (three-year pro rata vesting).
- Timeliness: Filing appears timely (transaction 03/13/2026; Form 4 filed 03/16/2026).
Context
RSUs are compensation awards that convert to shares if and when they vest; they are not an open‑market purchase or sale and do not necessarily indicate immediate bullish or bearish sentiment. Vesting is subject to continued service; taxes will generally be due when the RSUs vest and convert to shares (or when otherwise settled). This disclosure is routine reporting of an equity award to a director under the company’s 2025 Omnibus Incentive Plan.