Virtuix (VTIX) COO Allan Malcolm Sells 126,650 Shares
$VTIX · Virtuix Holdings Inc.Research Summary
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Virtuix (VTIX) COO Allan Malcolm Sells 126,650 Shares
What Happened Allan David Robert Malcolm, COO and director of Virtuix Holdings Inc. (VTIX), sold a total of 126,650 shares across three transactions between August 3 and August 5, 2026. The trades were: 81,879 shares at $1.47 ($120,362) on Aug 3; 35,769 shares at $1.61 ($57,588) on Aug 4; and 9,002 shares at $1.70 ($15,303) on Aug 5, for combined proceeds of $193,253. These were sales (not purchases), which are often routine disposals rather than a bullish signal.
Key Details
- Transaction dates and prices:
- Aug 3, 2026 — 81,879 shares @ $1.47 = $120,362 (F1)
- Aug 4, 2026 — 35,769 shares @ $1.61 = $57,588 (F2)
- Aug 5, 2026 — 9,002 shares @ $1.70 = $15,303 (F3)
- Total shares sold: 126,650; total proceeds: $193,253.
- Shares owned after transaction: not specified in the information provided.
- Footnotes: Each sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Malcolm on March 31, 2026 (F1–F3), indicating prearranged trades.
- Filing timeliness: Form 4 was filed Aug 5, 2026 for transactions occurring Aug 3–5; the filing appears timely under the two-business-day reporting rule.
Context Sales made under a 10b5-1 plan are pre-scheduled and generally represent planned disposals rather than spontaneous market-driven decisions. For retail investors, purchases by insiders can be more informative about confidence in the company; these transactions are routine insider sales conducted under a trading plan.