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Vroom, Inc.·4

Jun 17, 4:45 PM ET

MYLOD ROBERT J JR 4

Research Summary

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Updated

Vroom (VRM) Director Robert J. Mylod Jr Sells Shares

What Happened
Robert J. Mylod Jr, a director of Vroom, Inc. (VRM), reported selling common stock and disposing of warrants on June 15, 2026. He sold 2,424 shares at $7.22 each ($17,501) and 13,171 shares at $7.22 each ($95,095), for a combined cash amount of about $112,596. In addition, he disposed of warrants (derivative securities) — 2,424 warrants at $0.01 ($24) and 13,171 warrants at $0.01 ($132). All transactions are reported as sales (S) and were under privately negotiated/open-market arrangements.

Key Details

  • Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (within normal two-business-day reporting window).
  • Share sales: 2,424 shares @ $7.22 = $17,501; 13,171 shares @ $7.22 = $95,095.
  • Warrant disposals (derivative): 2,424 warrants @ $0.01 = $24; 13,171 warrants @ $0.01 = $132.
  • Footnotes: F1 notes the $7.22 share price equals the closing NASDAQ price on June 12, 2026 for a privately negotiated transaction; F3 notes the $0.01 per-warrant sale price was privately negotiated.
  • Ownership after transaction: the filing corrects that Mr. Mylod directly held 2,424 warrants prior to these transactions, disposed of those warrants, and directly beneficially owns no warrants following the reported transactions (F4). The filing does not specify his post-transaction common-share holdings in detail.
  • Beneficial ownership note: Mr. Mylod is the managing member of Annox Capital, LLC and may be deemed to beneficially own securities held by Annox Capital; he disclaims such beneficial ownership except to the extent of any pecuniary interest (F2).

Context
These are reported sales, not purchases — sales remove shares/warrants from the insider’s direct holdings and are often routine liquidity events. The warrant disposals were transactionally distinct (priced at $0.01 each) and the filing corrects prior warrant ownership to show he now directly owns no warrants. As always, insider sales are factual disclosures and do not by themselves indicate the director’s view on the company’s prospects.