Benzaquen Jacob Shlomo 4
Research Summary
AI-generated summary
Vroom (VRM) Principal Accounting Officer Jacob Benzaquen Sells 7 Shares
What Happened
- Jacob Shlomo Benzaquen, Principal Accounting Officer of Vroom, sold 7 shares on 2026-03-20 in an open-market/private sale. The reported weighted-average price was $12.07 for a total of about $84.
- Footnotes state the sale was to satisfy tax-withholding obligations arising from the vesting of equity awards (routine withholding), and that the shares were sold in multiple transactions at prices ranging from $11.08 to $12.31.
Key Details
- Transaction date: 2026-03-20; Form 4 filed: 2026-03-24 (filed within SEC timeliness rules).
- Transaction type/code: Sale (S) — open market/private sale.
- Price reported (weighted avg): $12.07; price range per footnote: $11.08–$12.31.
- Total proceeds: approximately $84 (7 shares × $12.07).
- Reason given: tax withholding on vested equity awards (Footnote F1).
- Footnote F2: reporting person can provide a per-price breakdown on request.
- Shares owned after the transaction: not specified in this filing.
Context
- This was a small, routine tax-withholding sale tied to award vesting rather than a directional purchase or large insider disposition; such transactions are generally administrative and not a clear market signal.