Shortt Thomas H 4
4 · Vroom, Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Vroom (VRM) CEO Thomas Shortt Sells 3,740 Shares for Taxes
What Happened Thomas H. Shortt, CEO of Vroom, disposed of 3,740 shares on March 11, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The shares were disposed at $12.77 each, for an aggregate value of approximately $47,760. This was a routine withholding to cover taxes—not an open-market sale intended as a liquidity event.
Key Details
- Transaction date: March 11, 2026; Filing date: March 13, 2026 (appears timely).
- Price: $12.77 per share; Shares withheld/ disposed: 98 + 2,072 + 1,366 + 204 = 3,740 shares; Total value ≈ $47,760.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding on RSU vesting (transaction code F = tax withholding).
- No indication of a 10b5-1 plan or other trading plan in this filing.
Context This was an administrative, cashless-type transaction (shares withheld to pay taxes) associated with RSU vesting. Such withholding is common and typically does not indicate the insider’s view of the company’s stock. For retail investors, outright purchases are usually more informative about insider confidence than routine tax-withholding dispositions.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-11$12.77/sh−98$1,251→ 296,232 total - Tax Payment
Common Stock
[F1]2026-03-11$12.77/sh−2,072$26,459→ 294,160 total - Tax Payment
Common Stock
[F1]2026-03-11$12.77/sh−1,366$17,444→ 292,794 total - Tax Payment
Common Stock
[F1]2026-03-11$12.77/sh−204$2,605→ 292,590 total
Footnotes (1)
- [F1]Represents shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.