Brown Jeffrey Dale 4
Research Summary
AI-generated summary
VirTra (VTSI) Director Jeffrey D. Brown Buys 6,860 Shares
What Happened Jeffrey D. Brown, a director of VirTra, Inc. (VTSI), made multiple open-market purchases on February 12, 2026, acquiring a total of 6,860 shares for aggregate consideration of $30,723. Purchases were executed in many small lots at prices ranging from $4.41 to $4.59 per share (weighted average ≈ $4.48). These transactions are reported as purchases (code P), which represent insider buying rather than sales.
Key Details
- Transaction date: February 12, 2026 (filed with the SEC on Feb 17, 2026).
- Trade type: Open-market purchases (transaction code P).
- Price range: $4.41–$4.59 per share; total shares 6,860; total cost $30,723; average ≈ $4.48/share.
- Shares owned after transaction: Not specified in the filing.
- Footnotes/plan: No 10b5-1 plan or other footnotes reported in the filing.
- Timeliness: Filing appears late — transaction occurred Feb 12, filing submitted Feb 17 (beyond the typical two-business-day Form 4 deadline).
Context These were straightforward open-market purchases by a company director (not option exercises or gifts). Insider purchases can be of interest to retail investors as a direct monetary commitment by an insider, but filings alone don’t explain the insider’s motivation. The filing’s late submission is noted but does not change the trade details.