---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-021529"
form_type: "8-K"
ticker: "VTSI"
cik: "0001085243"
company_name: "VirTra, Inc"
filed_at: "2021-08-30T23:59:59+00:00"
generated_at: "2026-06-29T06:56:54.080770+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "low"
source: SEC EDGAR
---

# VirTra authorizes share repurchase of 10% of outstanding; two directors resign; CEO/COO compensation increased

## Summary
- Board authorized repurchase of up to 3,235,326 shares (10% of outstanding as of June 30, 2021).
- Directors Matt Burlend and Ferris (both Managing Directors at First Reserve) resign effective August 30, 2021.
- CEO salary increased to $349,860 and COO to $251,140; first comprehensive compensation review since 2012.
- CEO and COO granted 224,133 and 168,090 performance-based RSUs, plus 14,057 and 10,543 restricted shares.

## SEC filing metadata
- accession: 0001493152-21-021529
- form_type: 8-K
- ticker: VTSI
- cik: 0001085243
- company_name: VirTra, Inc
- filed_at: 2021-08-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: low
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1085243/000149315221021529/0001493152-21-021529-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1085243/000149315221021529/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-021529
- JSON: https://secwatch.observer/filing/0001493152-21-021529.json
- Plain text: https://secwatch.observer/filing/0001493152-21-021529.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.