Fain Clara 4

What Happened Clara Fain, Chief Financial Officer of Via Transportation (VIA), exercised stock options on February 12, 2026. She acquired 4,000 shares by exercising options at a $6.57 strike price (total cost $26,280). The filing also reports 4,000 shares disposed at $0 (a derivative disposition reported in the same transaction). The exercise reflects option conversion rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-12 (reported on Form 4 filed 2026-02-17).
• Acquired: 4,000 shares at $6.57 per share — total $26,280 (transaction code M: option exercise).
• Disposed: 4,000 shares at $0.00 (transaction code M: derivative conversion/disposition).
• Shares owned after transaction: not specified in the filing.
• Footnote: F1 — “The shares underlying the stock option are fully vested and exercisable.”
• Timeliness: Form 4 was filed five days after the transaction date (appears later than the usual two-business-day deadline).

Context

• For derivative transactions, “exercised options” means the insider converted option rights into common shares. The $0.00 disposed line commonly indicates shares were surrendered or netted in connection with the exercise (e.g., to cover exercise costs or withholding), though the filing does not explicitly state the reason.
• This was an exercise of vested options, not an open-market buy or sale; exercising options is common and does not by itself indicate the insider’s view of the stock.