Magic Internacional Argentina FC S.L. LLC 4

What Happened Magic Internacional Argentina FC S.L. LLC, reported as a 10% owner of VisionWave Holdings, sold a total of 14,280 VisionWave shares in two open‑market/private sale transactions. On 2026-02-10 it sold 12,200 shares at $9.58 each for $116,876, and on 2026-02-11 it sold 2,080 shares at $9.00 each for $18,720 — total proceeds ≈ $135,596. These were sales (not purchases); sales by large holders can be routine portfolio management and do not by themselves indicate the company’s outlook.

Key Details

• Transaction dates and prices:
  • 2026-02-10: Sold 12,200 shares @ $9.58 = $116,876
  • 2026-02-11: Sold 2,080 shares @ $9.00 = $18,720
• Total shares sold: 14,280; total proceeds ≈ $135,596
• Insider type: 10% owner (institutional entity), not an individual executive
• Shares owned after the transactions: Not specified in the provided filing details
• No footnotes disclosed (e.g., no 10b5-1 plan or tax withholding noted)
• Filing: Reported on 2026-02-12 covering trades on Feb 10–11; appears to be filed within the typical 2‑business‑day window

Context

• This filing documents outright share sales (transaction code S). For large holders and institutions, such sales are often portfolio or liquidity actions rather than clear signals about company fundamentals.
• Because the seller is a 10% owner (an institutional entity), interpret the trade as institutional selling activity rather than an insider executive vote of confidence or concern.