Virtuix (VTIX) Director Brett Moyer Receives RSU Award; Sells 8,700 Shares

What Happened
Brett Moyer, a director of Virtuix Holdings, received a grant of 147,058 restricted stock units (RSUs) on Sept. 24, 2026 under the company's 2025 Omnibus Incentive Plan. On the same date, the vesting of 16,600 previously granted RSUs was accelerated and those 16,600 underlying shares were issued to Moyer. To cover tax obligations arising from that issuance, Moyer sold 8,700 shares in the open market on Sept. 28, 2026 at $1.19 per share, generating gross proceeds of $10,353. The RSU grant was at $0.00 (no cash purchase).

Key Details

• Transactions:
  • 2026-09-24: Award/Acquisition — 147,058 RSUs granted @ $0.00 (no cash).
  • 2026-09-24: Acceleration/Issuance — 16,600 RSUs accelerated and issued as shares.
  • 2026-09-28: Open-market Sale — 8,700 shares sold @ $1.19, proceeds $10,353.
• Shares held after transactions: Net of the tax-sale, Moyer retained 7,900 issued shares from the accelerated grant and continues to hold 147,058 unvested RSUs (subject to vesting conditions).
• Vesting terms (footnote): The 147,058 RSUs vest in full on the earlier of the company’s 2027 annual meeting or Oct. 24, 2027, subject to Moyer’s continuous service.
• Reason for sale (footnote): The 8,700-share sale was executed to cover tax obligations from the vesting/settlement of the 16,600 RSUs.
• Filing timeliness: Form 4 filed on Sept. 28, 2026 covering the Sept. 24, 2026 events; no late filing was indicated.

Context
RSUs are a compensation award that convert into shares when they vest; the 147,058 RSUs are a contingent right to receive one share per RSU under specified vesting conditions. The market sale here was a tax-withholding / cash-raise following vesting rather than a general investment decision; the award itself is a non-cash compensation grant to a director.