Virtuix (VTIX) Director John Cunningham Receives RSU Award

What Happened
John A. Cunningham, a director of Virtuix Holdings, Inc. (VTIX), was granted 126,050 restricted stock units (RSUs) on September 24, 2026 (reported on Form 4 filed September 28, 2026). The grant was reported at $0.00 per RSU (i.e., an award rather than a cash purchase). In addition, 17,142 RSUs previously granted on March 13, 2026 were accelerated in full on September 24 and the underlying 17,142 Class A shares were issued to him that day.

Key Details

• Transaction date: September 24, 2026; Form 4 filed September 28, 2026 (timely).
• Transaction type/code: Award/Grant (A). Reported price: $0.00; reported cash value $0.
• New grant: 126,050 RSUs (each RSU = contingent right to 1 share of Class A common stock).
• Acceleration/issuance: 17,142 previously‑granted RSUs vested accelerated and the shares were issued.
• Vesting for the new 126,050 RSUs: vest in full on the earlier of the Company’s 2027 annual meeting or October 24, 2027 (13 months after the Sept 24, 2026 vesting start date), subject to continuous service (per footnote).
• Shares after transaction: 17,142 Class A shares were issued to Cunningham; 126,050 RSUs remain outstanding and will convert to shares upon vesting.
• No 10b5‑1, tax‑withholding or sale noted in this filing.

Context
RSUs are a common form of director compensation and represent a contingent right to receive shares if vesting conditions are met. The acceleration and issuance of the earlier 17,142 RSUs resulted in immediate share issuance, while the larger 126,050 award remains subject to future vesting. This filing documents an award, not a market purchase or sale, and does not, by itself, indicate a buy/sell signal.