Form 4: Virco Mfg. Director Craig Levra Acquires 4,601 Shares in Restricted Stock Grant

Virco Mfg. Corporation Director Craig L. Levra has acquired 4,601 shares of common stock through a restricted stock grant, increasing his beneficial ownership to 115,224 shares.

Summary

• Craig L. Levra, a Director of Virco Mfg. Corporation (VIRC), acquired 4,601 shares of common stock.
• The acquisition occurred on June 17, 2025, through a restricted stock grant.
• The shares were acquired at a price of $8.14 per share.
• Following this transaction, Mr. Levra's total beneficial ownership in Virco Mfg. Corporation increased to 115,224 shares.
• The restricted stock grant vested on the same date of acquisition, June 17, 2025.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director through a restricted stock grant is generally viewed positively as it increases insider ownership and aligns the director's interests with those of the shareholders. It represents a commitment from management.

Positives

• Increases insider ownership, aligning the director's interests with shareholders.
• The grant of restricted stock is a form of compensation, indicating continued commitment from the director.
• The director's total beneficial ownership increased to 115,224 shares, demonstrating a significant stake in the company.

Future Outlook

The document does not provide forward-looking statements or guidance beyond the immediate transaction details.

Management Comments

• The document does not contain direct quotes or paraphrased statements from company management, as it is a regulatory filing detailing an insider transaction.

Industry Context

This Form 4 filing details an individual insider transaction and does not provide broader industry context or trends.

Comparison to Industry Standards

• This document is a standard insider transaction report (Form 4) and does not contain information for comparison to industry-specific benchmarks or competitor results.

Related Party Transactions

• The grant of restricted stock to a director (Craig L. Levra) by Virco Mfg. Corporation constitutes a related party transaction, as it involves compensation from the company to an individual in a governance role.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders due to increased beneficial ownership.

Next Steps

• The shares granted on June 17, 2025, vested on the same date, meaning they are now fully owned by the director.

Key Dates

Keywords

Virco Mfg Corporation, VIRC, Craig L Levra, Director, SEC Form 4, Insider Trading, Restricted Stock Grant, Equity Compensation, Share Acquisition, Beneficial Ownership