Jonathan Sandison - 12 Mar 2025 Form 4 Insider Report for Vroom, Inc. (VRM)

Reporting relationship: Chief Financial Officer, UACC
Issuer ticker: VRM
Reported as of: 12 Mar 2025
Net transaction value: +$799,875
SEC form: 4
Accepted by SEC: 14 Mar 2025, 21:50:12 UTC
Next SEC filing: 19 May 2025
Source filing: View source filing
Reporting owner signature: /s /Anna-Lisa Corrales, Attorney-in-Fact for Jonathan Sandison

Key filing fact

Jonathan Sandison filed Form 4 for Vroom, Inc. (VRM) on 14 Mar 2025.

Key facts

This page summarizes Jonathan Sandison's Form 4 filing for Vroom, Inc. (VRM).
3 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 14 Mar 2025, 21:50.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: +$799,875.

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

Reported non-derivative transactions

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

VRM transaction

Common Stock

Award

Transaction value: $0
Shares: +40,991
Change %: +12273%
Price: $0.000000
Shares after: 41,325
Date: 12 Mar 2025
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

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

VRM transaction Derivative

Stock Options (Right to buy)

Award

Transaction value: $457,125
Shares: +7,500
Change %
Price: $60.95
Shares after: 7,500
Date: 12 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,500
Exercise price: $60.95
Footnotes: F3

VRM transaction Derivative

Stock Options (Right to buy)

Award

Transaction value: $342,750
Shares: +7,500
Change %
Price: $45.70
Shares after: 7,500
Date: 12 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,500
Exercise price: $45.70
Footnotes: F3

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents an award of restricted stock units that will vest in full on January 18, 2029, subject to the Reporting Person's continued service on such date. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.

Footnote F2

The number of shares of common stock in this Form 4 reflects the automatic conversion of the prior common stock at a ratio of 1-for-5 in connection with the Issuer's emergence from bankruptcy on January 12, 2025 (the "Recapitalization").

Footnote F3

Twenty-five percent of the shares of common stock that are subject to the option will vest on March 12, 2026 and the remaining Seventy-five percent will vest in three equal installments on each January 14, 2027, January 14, 2028, and January 14, 2029, in each case subject to Reporting Person's continued service on such date.