VGNT — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-11-04

• Operational performance. We pursue operational execution and continuous improvement initiatives intended to help offset the impact of labor and other cost inflation, project-related expenses, and launch costs as we continue to grow the business. These initiatives include, but are not limited to, pur…

• Three and Nine Months Ended September 30, 2026 versus Three and Nine Months Ended September 30, 2025

• The Company’s results of operations for the three and nine months ended September 30, 2026 and 2025 were as follows:

• Three Months Ended September 30,Nine Months Ended September 30,

• Our increased net sales reflect higher customer pass-through due to higher commodity costs, favorable net pricing and foreign currency impacts, primarily related to the Chinese Renminbi.

Text removed vs the prior filing · source: 10-Q · 2026-08-04

• Three and Six Months Ended June 30, 2026 versus Three and Six Months Ended June 30, 2025

• The Company’s results of operations for the three and six months ended June 30, 2026 and 2025 were as follows:

• Increasing volumes drove a 5% increase in sales for the period. This primarily reflects volume growth in North America and Asia Pacific, partially offset by volume declines in Europe, compared to a slight decrease in global automotive production. In addition, our net sales reflect higher customer pa…

• SG&A primarily includes administrative expenses, information technology costs, incentive compensation related costs and selling and marketing expenses. SG&A remained relatively flat during the three months ended June 30, 2026 compared to the same period in 2025. SG&A decreased during the six months …

• Amortization expense was de minimis and $1 million for the three months ended June 30, 2026 and 2025, respectively. During both the six months ended June 30, 2026 and June 30, 2025, amortization expense was $1 million. Amortization expense reflects the non-cash charge related to definite-lived intan…

Text added vs the prior filing · source: 10-Q · 2026-11-04

• During the three months ended September 30, 2026, none of the individuals serving as the Company’s directors or “officers,” as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934, as amended, at that time adopted, modified, or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule…

• As of November 3, 2026, the Company entered into indemnification agreements with each director and each “officer,” as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934, as amended, to indemnify them for any liabilities they may incur due to their service for the Company, including any …

• The Company’s Board has established April 27, 2027 as the date of the Company’s 2027 Annual General Meeting of Shareholders. Information regarding the 2027 Annual General Meeting will be disclosed in the Company’s definitive proxy statement for the 2027 Annual General Meeting to be filed with the Se…

• The Company became a public company on April 1, 2026 and did not hold an annual meeting of shareholders since becoming a public company. Under Rule 14a-8(e) of the Securities Exchange Act of 1934, as amended (“Rule 14a-8”), the Company may establish a deadline for any shareholder seeking to submit a…

• Shareholders seeking to bring a matter before a general meeting outside the process described above may do so by following the procedures set forth in our Memorandum and Articles of Association and the Companies (Jersey) Law 1991, as amended.

Text removed vs the prior filing · source: 10-Q · 2026-08-04

• Transactions in our securities by our executive officers and directors are required to be made in accordance with our insider trading policy, which, among other things, requires that the transactions be in accordance with applicable U.S. federal securities laws that prohibit trading while in possess…

• The following table describes contracts, instructions or written plans for the sale or purchase of our securities adopted by our directors or “officers,” as defined in Rule 16a-1(f) of the Exchange Act, during the second quarter of 2026, each of which is intended to satisfy the affirmative defense c…

• Name and TitleActionDate of Adoption of Rule 10b5-1 Trading PlanScheduled Expiration Date of Rule 10b5-1 Trading Plan (1)Aggregate Number of Securities/Dollar Value to be Purchased or Sold

• (1)In each case, a trading plan may also expire on such earlier dates as all transactions under the trading plan are completed.

• During the second quarter of 2026, none of the Company’s directors or “officers,” as defined in Rule 16a-1(f) of the Exchange Act, modified or terminated a Rule 10b5-1 trading plan or adopted, modified, or terminated any non-Rule 10b5-1 trading arrangement (as defined in Item 408(c) of Regulation S-…