Foster Jonathan P. bought VLCN
July 17, 2025 · Form 4 insider transaction
Foster Jonathan P. bought 10,000 shares of VLCN, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Acquired (buy-side)
Shares
10,000
Price
N/A
Total value
N/A
InsiderFoster Jonathan P.
Role—
CompanyVLCN
SecurityStock options (right to buy)
Transaction codeA: Grant or award
Transaction dateJuly 17, 2025
Filing dateJuly 21, 2025
Shares owned after10,000
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
The stock options were issued by the Issuer in connection with the Reporting Person's service as a director of the Issuer and vest based upon the daily volume weighted average price ("VWAP") of the Issuer's common stock, vesting as to 20% of the underlying shares of common stock upon the VWAP reaching $10 and then in incremental 20% installments until becoming fully vested upon a VWAP of $30. All vesting is subject to the approval by the Issuer's stockholder of a new stock option plan.