VIRTUE ROBERT A 4
Research Summary
AI-generated summary
Virco (VIRC) CEO Robert A. Virtue Buys 3,300 Shares
What Happened
Robert A. Virtue, CEO and director of Virco Mfg. Corporation (VIRC), made an open-market purchase of 3,300 common shares on April 10, 2026 at $5.52 per share, for a total outlay of $18,216. This was a direct purchase (transaction code P) rather than a sale or option exercise.
Key Details
- Transaction date: 2026-04-10
- Price per share: $5.52; Shares acquired: 3,300; Total cost: $18,216
- Transaction type: Open-market purchase (code P)
- Filing date: 2026-04-13 — filed within the SEC’s two-business-day window (timely)
- Shares owned after transaction: not specified in the provided filing excerpt
- Footnotes/plan info: no 10b5-1 plan, tax withholding, or other special footnotes disclosed in the excerpt
Context
Insider purchases can be interpreted as a positive signal because executives are buying company stock, but the filing does not disclose the insider’s motives. The purchase size here is relatively modest ($18.2k), which may reflect routine buying rather than a large vote of confidence.