COO David Allan Sells Entire Stake for $193K Under 10b5-1 Plan
VTIX sits 24% above its 52-week low of $1.415.
Summary
Virtuix COO David Allan sold his entire direct stake of 126,650 shares for $193,254 under a 10b5-1 plan, following a broader trend of insider selling at the company.
Key Events · Ownership and Investor Activity · VTIX
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COO Exits Entire Stake
David Allan sold 126,650 shares at prices between $1.47 and $1.70, reducing his direct holdings to zero and generating $193,254 in proceeds.
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10b5-1 Plan Execution
All sales were made under a Rule 10b5-1 trading plan adopted on March 31, 2026, indicating the trades were pre-scheduled rather than reactive.
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Insider Selling Pattern
This sale follows the CEO's liquidation of all Class A shares and Allan's prior sale of over 220,000 shares, as disclosed in the recent 10-K/A, signaling sustained insider distribution.
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Transaction Size
The $193,254 sale represents approximately 0.32% of the company's market cap, a notable but not overwhelming divestment by a key executive.
Analysis · VTIX · Technology
COO David Allan sold all his remaining Class A shares over three days, netting $193,254. The sales were executed under a pre-existing 10b5-1 plan adopted in March 2026, which reduces the immediate signaling impact but adds to a pattern of insider selling at Virtuix. The company's recent 10-K/A already disclosed that the CEO sold all his Class A shares and Allan sold over 220,000 shares under similar plans, painting a picture of sustained insider distribution while the stock trades near lows.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 29.4% of the 1563 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, VTIX was trading at $1.75 on NASDAQ in the Technology sector, with a market capitalization of approximately $60.3M. The 52-week trading range was $1.42 to $92.74. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.