high
Sell
189,404 shares
$6,125,612
Significance
6/10
VBTX CEO Holland Malcolm III sold 189,404 shares (39.1% of holdings) for $6.1M across 6 transactions on Jul 22-23 at $32.25-$32.50.
Holland C Malcolm III, as Chairman, CEO, and President, executed 6 separate sales totaling 189,404 shares for $6,125,611.73 at an average price of $32.34, reducing his holdings from 483,912 shares to 294,508 shares. The transaction occurred at the high end of the 52-week range ($20.77–$32.82), with the stock up 25.9% over 30 days and 37.8% over 90 days, and the company valued at $1.7B with a P/E of 15.51. The magnitude of the sale (39.1% reduction in personal holdings) represents a substantial disposition by the company's top officer during a period of strong recent price appreciation.