Tax-related share sale by Vuzix (VUZI) executive Christopher Iain Parkinson
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vuzix Corp executive Christopher Iain Parkinson reported an open-market sale of common stock to cover taxes. He sold 11,663 shares at an average price of $2.6895 per share, and held 131,130 shares of Vuzix common stock directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,663 shares ($31,368)
Net Sell
1 txn
Insider
Parkinson Christopher Iain
Role
See remarks
Sold
11,663 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,663 | $2.6895 | $31K |
Holdings After Transaction:
Common Stock — 131,130 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Vuzix (VUZI) report for Christopher Iain Parkinson?
Vuzix reported that executive Christopher Iain Parkinson sold 11,663 shares of common stock in an open-market transaction. The sale was executed at an average price of $2.6895 per share and was disclosed on a Form 4 insider trading report.
Was the Vuzix (VUZI) insider transaction a buy or a sell?
The transaction was a sale of shares. The Form 4 lists transaction code “S” for sale and describes it as an open-market sale, with 11,663 Vuzix common shares sold primarily to satisfy the reporting person’s tax obligations.
What does transaction code “S” mean in the Vuzix (VUZI) Form 4 filing?
Transaction code “S” in the Form 4 indicates a sale of securities, either in the open market or a private transaction. In this case, it refers to the sale of 11,663 Vuzix common shares at an average price of $2.6895 per share.