{
  "id": 5221912,
  "title": "VirnetX president & CEO Kendall Larsen sells $163,484 in company stock",
  "url": "https://urgent.news/2026/09/03/virnetx-president-ceo-kendall-larsen-sells-163-484-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T02:01:15.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/virnetx-president--ceo-kendall-larsen-sells-163484-in-company-stock-93CH-4886927"
  },
  "original_language": "en",
  "account": "VirnetX Holding Corp CEO and President Kendall Larsen sold a combined 14,575 shares of the company's common stock between August 31 and September 2, 2026. The total value of these sales amounted to approximately $163,484. The shares were distributed across three trading days, with prices fluctuating between $11.001 and $12.132 per share. On August 31, Larsen sold 5,000 shares at an average price of $11.168 per share, while on September 1, an additional 5,000 shares were sold at $11.001 per share. On September 2, Larsen sold 4,057 shares at $11.426 per share and another 518 shares at $12.132 per share. Post these transactions, Larsen retains a total of 360,058 shares directly, with an indirect beneficial stake of 74,649 shares held by his spouse, 30,676 shares through The Kathleen Sheehan Revocable Trust, and 15,000 shares through The K2 Investment Fund LLC. VirnetX Corporation recently secured a Facility Security Clearance for its Utah facility, enabling it to work on classified contracts with the Department of Defense and the Intelligence Community.",
  "summary": null,
  "key_points": [
    "CEO Kendall Larsen sold 14,575 shares of VirnetX stock between Aug 31 and Sep 2, 2026",
    "Sales totaled $163,484, with prices ranging from $11.001 to $12.132 per share",
    "Larsen retains 360,058 shares directly and 74,649 shares indirectly"
  ],
  "editors_take": "The CEO's sale of company stock reduces his direct holdings but does not appear to diminish his overall influence, given his retained shares and those held indirectly through various entities.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Tela Bio CEO Heather Getz buys $8,311 in company stock",
        "url": "https://urgent.news/2026/09/03/tela-bio-ceo-heather-getz-buys-8-311-in-company-stock",
        "published": "2026-09-03T00:15:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}