[Form 4] VIRCO MFG CORPORATION Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VIRCO MFG CORPORATION CEO Robert A. Virtue bought a total of 2,700 shares of common stock in open-market purchases at $6.22 per share. After these transactions, he directly owns 501,824 shares, indicating a small, incremental increase to an already substantial personal stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,700 shares ($16,794)
Net Buy
2 txns
Insider
VIRTUE ROBERT A
Role
CEO
Bought
2,700 shs ($17K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock $.01 par value | 700 | $6.22 | $4K |
| Purchase | Common Stock $.01 par value | 2,000 | $6.22 | $12K |
Holdings After Transaction:
Common Stock $.01 par value — 499,824 shares (Direct)
Footnotes (1)
Key Figures
Shares purchased: 2,700 shares
Purchase price: $6.22 per share
Post-transaction holdings: 501,824 shares
+2 more
5 metrics
Shares purchased
2,700 shares
Total common stock bought in open market
Purchase price
$6.22 per share
Price for both reported transactions
Post-transaction holdings
501,824 shares
CEO’s direct common stock ownership after trades
Number of buy transactions
2
Both recorded as open-market purchases (code P)
Net buy direction
2,700 shares net-buy
No sales reported in this Form 4
Key Terms
open-market purchase, non-derivative, direct ownership, transaction code P
4 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
non-derivative financial
"transaction_type: "non-derivative""
direct ownership financial
"ownership_type: "direct""
transaction code P regulatory
"transaction_code: "P""
FAQ
What insider transaction did VIRCO MFG (VIRC) report on this Form 4?
VIRCO MFG reported that CEO Robert A. Virtue purchased 2,700 shares of common stock in open-market transactions. These trades were executed at a price of $6.22 per share, increasing his direct ownership position in the company.
Were the VIRCO MFG (VIRC) CEO’s transactions open-market purchases or another type?
The transactions were classified as open-market purchases of VIRCO MFG common stock. The Form 4 identifies the transaction code as “P,” described as a purchase in an open market or private transaction, with shares acquired at $6.22 per share.
Did the VIRCO MFG (VIRC) Form 4 include any stock option exercises or derivatives?
No derivative transactions or option exercises were reported in this Form 4. Both entries involve non-derivative common stock purchases, and the derivativeSummary section shows no remaining derivative positions disclosed in connection with these transactions.
Is the CEO’s VIRCO MFG (VIRC) ownership direct or through another entity?
The filing shows Robert A. Virtue’s ownership as direct. Each transaction is marked with direct ownership, and there are no footnotes indicating that the shares are held through a trust, partnership, or other related entity on his behalf.