Home > Insider Trading > Filing (0001104659-25-056516)

Filing Details

Accession Number:: 0001104659-25-056516
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2025-06-04 18:29:26
Reporting Period:: 2025-06-02

Filing Date:: 2025-06-04
Accepted Time:: 2025-06-04 18:29:26
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1580864	Vroom Inc.	VRM	()	4

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1367262	Jason Mudrick	527 Madison Avenue 6Th Floor New York NY 10022	No	No	Yes	No
1655183	Mudrick Capital Management, L.p.	527 Madison Avenue 6Th Floor New York NY 10022	No	No	Yes	No
1730922	Mudrick Capital Management Llc	527 Madison Avenue 6Th Floor New York NY 10022	No	No	Yes	No
1875540	Mudrick Distressed Opportunity Sif Master Fund, L.p.	527 Madison Avenue 6Th Floor New York NY 10022	No	No	Yes	No
1959041	Mudrick Distressed Opportunity Sif Gp, Llc	527 Madison Avenue 6Th Floor New York NY 10022	No	No	Yes	No
2024855	Mudrick Distressed Opportunity Drawdown Fund Iii, L.p.	527 Madison Avenue 6Th Floor New York NY 10022	No	No	Yes	No
2051254	Mudrick Distressed Opportunity Drawdown Fund Iii Gp, Llc	527 Madison Avenue 6Th Floor New York NY 10022	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2025-06-02	1,000	$24.13	3,953,231	No	4	P	Indirect	See Notes
Common Stock	Acquisiton	2025-06-03	1,000	$24.88	3,954,231	No	4	P	Indirect	See Notes
Common Stock	Acquisiton	2025-06-04	4,788	$25.80	3,959,019	No	4	P	Indirect	See Notes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Notes
No	4	P	Indirect	See Notes
No	4	P	Indirect	See Notes

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	5,390	Indirect	See Notes

Footnotes

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 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"), and Mudrick Distressed Opportunity SIF GP, LLC ("SIF GP").
Represents shares of Common Stock purchased as follows: 40 by Drawdown III; 110 by SIF; 850 by certain accounts managed by MCM.
The shares of Common Stock were purchased in multiple transactions at prices ranging from $23.75 to $24.50. The Reporting Persons undertake to provide to the Issuer, any security holder, and the SEC, as applicable, full information regarding the number of shares purchased and each price within the range upon request.
Represents shares of Common Stock purchased as follows: 40 by Drawdown III; 110 by SIF; 850 by certain accounts managed by MCM.
The shares of Common Stock were purchased in multiple transactions at prices ranging from $24.50 to $25.00. The Reporting Persons undertake to provide to the Issuer, any security holder, and the SEC, as applicable, full information regarding the number of shares purchased and each price within the range upon request.
Represents shares of Common Stock purchased as follows: 191 by Drawdown III; 529 by SIF; and 4,068 by certain accounts managed by MCM.
The shares of Common Stock were purchased in multiple transactions at prices ranging from $25.00 to $26.00. The Reporting Persons undertake to provide to the Issuer, any security holder, and the SEC, as applicable, full information regarding the number of shares purchased and each price within the range upon request.
Represents shares of Common Stock directly held as follows: 1,058,822 by Mudrick Distressed Opportunity Fund Global, L.P.; 725,385 by Mudrick Distressed Opportunity Drawdown Fund II, L.P.; 67,695 by Mudrick Distressed Opportunity Drawdown Fund II SC, L.P.; 44,276 by Drawdown III; 200,657 by Mudrick Distressed Opportunity 2020 Dislocation Fund, L.P.; 181,912 by SIF; and 1,680,272 by certain accounts managed by MCM.
Represents restricted stock unit ("RSUs") awards granted to Matthew Pietroforte, who is a member of the Issuer's board of directors and a Managing Director and Senior Analyst at MCM, under the Issuer's 2020 Incentive Award Plan (as amended, the "Plan"), of which 1,570 will vest on the earlier of (i) the day immediately preceding the date of the first annual meeting of stockholders following the date of grant and (ii) March 12, 2026, subject to Mr. Pietroforte's continuing in service on the Board through the vesting date, and 3,820 will vest in three equal installments on the first, second and third anniversary of the date Mr. Pietroforte joined the Board, in each case, subject to the terms of the Plan. Mr. Pietroforte has assigned all rights, title and interest in the RSUs (including the shares of Common Stock thereunder) granted to him to Mudrick Capital Management, L.P.
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.
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.
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 3 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.