Mudrick Capital Management, L.P. - 15 Jun 2026 Form 4 Insider Report for Vroom, Inc. (VRM)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: VRM
Reported as of: 15 Jun 2026
Net transaction value: +$112,596
SEC form: 4
Accepted by SEC: 16 Jun 2026, 21:26:06 UTC
Prior SEC filing: 15 Jun 2026
Next SEC filing: 18 Jun 2026
Source filing: View source filing
Reporting owner signature: See Exhibit 99.1**

Key filing fact

Mudrick Capital Management, L.P. filed Form 4 for Vroom, Inc. (VRM) on 16 Jun 2026.

Key facts

This page summarizes Mudrick Capital Management, L.P.'s Form 4 filing for Vroom, Inc. (VRM).
2 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 16 Jun 2026, 21:26.

Change

Previous filing in this sequence was filed on 15 Jun 2026.
Current net transaction value: +$112,596.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (6)

CIK 0001655183 Primary reporting owner

Mudrick Capital Management, L.P.

Relationship: Director, 10%+ Owner
Address: 31 WEST 52ND STREET, 16TH FLOOR, NEW YORK
Signature: See Exhibit 99.1**
Signature date: 16 Jun 2026

CIK 0001763080

Mudrick Distressed Opportunity Drawdown Fund II, L.P.

Relationship: Director, 10%+ Owner
Address: 31 WEST 52ND STREET, 16TH FLOOR, NEW YORK
Signature: See Exhibit 99.1**
Signature date: 16 Jun 2026

CIK 0001860577

Mudrick Distressed Opportunity 2020 Dislocation Fund, L.P.

Relationship: Director, 10%+ Owner
Address: 31 WEST 52ND STREET, 16TH FLOOR, NEW YORK
Signature: See Exhibit 99.1**
Signature date: 16 Jun 2026

CIK 0001959099

Mudrick Distressed Opportunity 2020 Dislocation Fund GP, LLC

Relationship: Director, 10%+ Owner
Address: 31 WEST 52ND STREET, 16TH FLOOR, NEW YORK
Signature: See Exhibit 99.1**
Signature date: 16 Jun 2026

CIK 0001813628

Mudrick Distressed Opportunity Fund Global, LP

Relationship: Director, 10%+ Owner
Address: 31 WEST 52ND STREET, 16TH FLOOR, NEW YORK
Signature: See Exhibit 99.1**
Signature date: 16 Jun 2026

CIK 0001656059

Mudrick GP, LLC

Relationship: Director, 10%+ Owner
Address: 31 WEST 52ND STREET, 16TH FLOOR, NEW YORK
Signature: See Exhibit 99.1**
Signature date: 16 Jun 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

VRM transaction

Common Stock

Purchase

Transaction value: $112,596
Shares: +15,595
Change %: +0.39%
Price: $7.22
Shares after: 3,982,846
Date: 15 Jun 2026
Ownership: See Notes
Footnotes: F1, F2, F3, F6, F7, F8

VRM transaction

Common Stock

Purchase

Transaction value: $112,596
Shares: +15,595
Change %: +0.39%
Price: $7.22
Shares after: 3,982,846
Date: 15 Jun 2026
Ownership: See Notes
Footnotes: F1, F2, F3, F6, F7, F8

VRM transaction

Common Stock

Purchase

Transaction value: $112,596
Shares: +15,595
Change %: +0.39%
Price: $7.22
Shares after: 3,982,846
Date: 15 Jun 2026
Ownership: See Notes
Footnotes: F1, F2, F3, F6, F7, F8

VRM transaction

Common Stock

Purchase

Transaction value: $112,596
Shares: +15,595
Change %: +0.39%
Price: $7.22
Shares after: 3,982,846
Date: 15 Jun 2026
Ownership: See Notes
Footnotes: F1, F2, F3, F6, F7, F8

VRM transaction

Common Stock

Purchase

Transaction value: $112,596
Shares: +15,595
Change %: +0.39%
Price: $7.22
Shares after: 3,982,846
Date: 15 Jun 2026
Ownership: See Notes
Footnotes: F1, F2, F3, F6, F7, F8

VRM transaction

Common Stock

Purchase

Transaction value: $112,596
Shares: +15,595
Change %: +0.39%
Price: $7.22
Shares after: 3,982,846
Date: 15 Jun 2026
Ownership: See Notes
Footnotes: F1, F2, F3, F6, F7, F8

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VRM transaction Derivative

Warrants

Purchase

Transaction value
Shares: +15,595
Change %
Price: $0.0100^*
Shares after: 15,595
Date: 15 Jun 2026
Ownership: See Notes
Underlying class: Common Stock
Underlying amount: 15,595
Exercise price: $60.95
Footnotes: F1, F4, F5, F6, F7, F8

VRM transaction Derivative

Warrants

Purchase

Transaction value
Shares: +15,595
Change %
Price: $0.0100^*
Shares after: 15,595
Date: 15 Jun 2026
Ownership: See Notes
Underlying class: Common Stock
Underlying amount: 15,595
Exercise price: $60.95
Footnotes: F1, F4, F5, F6, F7, F8

VRM transaction Derivative

Warrants

Purchase

Transaction value
Shares: +15,595
Change %
Price: $0.0100^*
Shares after: 15,595
Date: 15 Jun 2026
Ownership: See Notes
Underlying class: Common Stock
Underlying amount: 15,595
Exercise price: $60.95
Footnotes: F1, F4, F5, F6, F7, F8

VRM transaction Derivative

Warrants

Purchase

Transaction value
Shares: +15,595
Change %
Price: $0.0100^*
Shares after: 15,595
Date: 15 Jun 2026
Ownership: See Notes
Underlying class: Common Stock
Underlying amount: 15,595
Exercise price: $60.95
Footnotes: F1, F4, F5, F6, F7, F8

VRM transaction Derivative

Warrants

Purchase

Transaction value
Shares: +15,595
Change %
Price: $0.0100^*
Shares after: 15,595
Date: 15 Jun 2026
Ownership: See Notes
Underlying class: Common Stock
Underlying amount: 15,595
Exercise price: $60.95
Footnotes: F1, F4, F5, F6, F7, F8

VRM transaction Derivative

Warrants

Purchase

Transaction value
Shares: +15,595
Change %
Price: $0.0100^*
Shares after: 15,595
Date: 15 Jun 2026
Ownership: See Notes
Underlying class: Common Stock
Underlying amount: 15,595
Exercise price: $60.95
Footnotes: F1, F4, F5, F6, F7, F8

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

This statement is being filed by the following Reporting Persons: Mudrick Capital Management, L.P. ("MCM"); Mudrick Capital Management, LLC ("MCM GP"); Jason Mudrick; Mudrick Distressed Opportunity Fund Global, L.P. ("Mudrick Opp Global"); Mudrick GP, LLC ("Mudrick GP"); Mudrick Distressed Opportunity Drawdown Fund II, L.P. ("Drawdown II"); Mudrick Distressed Opportunity Drawdown Fund II SC, L.P. ("Drawdown II SC"); Mudrick Distressed Opportunity Drawdown Fund II GP, LLC ("Drawdown II GP"); Mudrick Distressed Opportunity Drawdown Fund III, L.P. ("Drawdown III"); Mudrick Distressed Opportunity Drawdown Fund III GP, LLC ("Drawdown III GP"); Mudrick Distressed Opportunity SIF Master Fund, L.P. ("SIF"); Mudrick Distressed Opportunity SIF GP, LLC ("SIF GP"); Mudrick Distressed Opportunity 2020 Dislocation Fund, L.P. ("DISL"); Mudrick Distressed Opportunity 2020 Dislocation Fund GP, LLC ("DISL GP"); and Matthew Pietroforte.

Footnote F2

Represents shares of Common Stock purchased in a privately negotiated transaction ("Stock Purchase") as follows: 387 by Drawdown II SC; 1,148 by DISL; 4,151 by Drawdown II; 256 by Drawdown III; and 9,653 by certain accounts managed by MCM.

Footnote F3

Represents shares of Common Stock directly held following the reported transaction as follows: 1,058,822 by Mudrick Opp Global; 729,536 by Drawdown II; 68,082 by Drawdown II SC; 45,002 by Drawdown III; 201,805 by DISL; 182,936 by SIF; and 1,696,663 by certain accounts managed by MCM.

Footnote F4

Represents immediately exercisable warrants to purchase an equal number of shares of Common Stock (subject to adjustments in accordance with the terms of such warrants) purchased in connection with the Stock Purchase as follows: 387 by Drawdown II SC; 1,148 by DISL; 4,151 by Drawdown II; 256 by Drawdown III; and 9,653 by certain accounts managed by MCM.

Footnote F5

Represents shares of Common Stock into which the Warrants may be converted in each case, subject to adjustment and other terms of the warrants as follows: 387 by Drawdown II SC; 1,148 by DISL; 4,151 by Drawdown II; 256 by Drawdown III; and 9,653 by certain accounts managed by MCM.

Footnote F6

Mudrick GP is the general partner of Global LP and may be deemed to beneficially own the number of securities of the Issuer directly held by Global LP. Drawdown II GP is the general partner of Drawdown II and Drawdown II SC and may be deemed to beneficially own the securities of the Issuer directly held by Drawdown II and Drawdown II SC. Drawdown III GP is the general partner of Drawdown III and may be deemed to beneficially own the securities of the Issuer directly held by Drawdown III. DISL GP is the general partner of DISL and may be deemed to beneficially own the number of securities of the Issuer held by DISL. SIF GP is the general partner of SIF and may be deemed to beneficially own the securities of the Issuer directly held by SIF

Footnote F7

MCM is the investment manager to Drawdown II, Global LP, Drawdown II SC, Drawdown III, DISL, SIF and certain accounts managed by MCM. Mr. Mudrick is the sole member of Mudrick GP, Drawdown II GP, Drawdown III GP, MCM GP, DISL GP and SIF GP. By virtue of these relationships, each of MCM, MCM GP and Mr. Mudrick may be deemed to beneficially own the securities held directly by Global LP, Drawdown II, Drawdown II SC, Drawdown III, DISL, SIF and certain accounts managed by MCM.

Footnote F8

The Reporting Persons disclaim any beneficial ownership of the reported securities other than to the extent of any pecuniary interest they may have therein, directly or indirectly. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities of the Issuer in excess of their respective pecuniary interests. The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. Exhibit List: Joint Filer Information. This filing shall not be deemed an admission that any of the Reporting Persons is subject to Section 16 of the Exchange Act.

SEC remarks

Exhibit 99.1 (Joint Filer Information) is incorporated herein by reference. This Form 4 is the second of two identical Form 4s filed relating to the same event. The Form 4 has been split into two filings because there are more than 10 Reporting Persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 Reporting Persons. Each Form 4 is filed by Designated Filer, Mudrick Capital Management, L.P.