EVP Douglas Virtue buys 16,027 shares at $6.07–$6.09 for $97,517.45; VIRC down 41.6% from 52-week high, cluster buy by 3 peers in 14 days.
Douglas Virtue, EVP at Virco, made 2 separate open-market purchases totaling 16,027 shares (16.0K shares) for $97,517.45 ($97.5K) on April 14–15, 2026, at an average blended price of $6.08. The current stock price of $6.09 is -41.6% from the 52-week high of $10.42 and the company is reporting negative net income of $-1.3M alongside annual revenue contraction of -25.0%, indicating deteriorating fundamentals. Virtue's prior buy at VIRC on 2025-10-17 resulted in a 90-day return of -13.2%, establishing a pattern of poor timing at this ticker; his cross-ticker track record shows 0 of 1 prior buys well-timed at the 90-day mark with an average 90d return of -13.2%. The filing also reflects a cluster pattern with 3 other insiders buying within the past 14 days, though the combination of weak fundamentals, depressed valuation relative to the 52-week high, and Virtue's prior unsuccessful timing at this ticker suggests this accumulation warrants close monitoring rather than confidence in near-term recovery.