Calicott Christopher Shane 4

What Happened

• Christopher Shane Calicott, reported as a 10% owner and manager of the general partner for TVP Bitcoin Venture Fund II, purchased 375,000 VIDA shares on 2026-05-14 at $4.00 per share for $1,500,000. He also was issued 274,362 restricted shares on 2026-01-01 (grant price $0).
• The May purchase is a buy (a cash investment into VIDA); the January entry is a restricted stock award that vests over time rather than an immediate sale.

Key Details

• Transactions:
  • 2026-05-14: Purchase (P) — 375,000 shares @ $4.00, total $1,500,000. (Footnote: purchase was on same terms as other IPO investors.)
  • 2026-01-01: Award/Grant (A) — 274,362 restricted shares @ $0.00 (Grant Date).
• Vesting: The 274,362 restricted shares vest in 12 equal quarterly installments over 3 years, subject to continued service as a director.
• Ownership / record holders: Many of the reported securities are held of record by TVP Bitcoin Venture Fund II, L.P.; Calicott is manager of the general partner and disclaims beneficial ownership except for any pecuniary interest. He is reported as a 10% owner.
• Filing timeliness: The Form 4 was filed 2026-05-18 and the May 14 purchase disclosure appears timely (filed within required business-day window). No late filing flag is indicated in the provided details.
• Shares owned after transaction: Not specified in the supplied details.

Context

• The January entry is a restricted stock award (not an immediate sale); these awards vest over time, so the grant reflects compensation/equity incentive rather than an outright purchased stake.
• The May purchase is notable as a direct cash purchase (participation on IPO terms per the footnote), which investors often view as a stronger signal than grants because it reflects personal capital commitment. However, Calicott’s reported role as manager of an investment fund (and 10% ownership) means some holdings are institutional in nature rather than individual executive trading.