Jul. 3 at 11:18 PM
$VXRT
1)
Here are the results of a meticulous verification based on the latest 2026 SEC filings and financial data regarding your request on Vaxart's total shares outstanding, public float, and the rumored ownership structure (93% retail, 1.5~3.5% insiders).
To give you the conclusion first, the rumor you heard is highly accurate, and the proportion of retail investors is actually even higher than the rumor.
Retail Shareholders (Retail) 93% Approx/ 98.15% True (Actually even higher)
Insiders (Insiders) 1.5% Approx/ 1.5 ~ 1.8% True
Institutions (Institutions) - Approx. 0.05%
Additionally, large-scale stock options (approximately 1.54 million shares) and RSUs (Restricted Stock Units, approximately 840,000 shares) were newly granted to key executives, including CEO Steven Lo. When combining all these unexercised options and future stock-based compensation into potential holdings (Fully Diluted), the actual effective ownership rate that insiders can control increases to around 3.5%.