Insider sale
VNET GROUP, INC.
$118.38M
10.40M shares
What this filing means
BLACKSTONE TACTICAL OPPORTUNITIES MANAGEMENT ASSOCIATES (CAYMAN) - NQ L.P. plans to sell 10.40M shares of VNET GROUP, INC. valued at approximately $118.38M. Form 144 is a notice of intent to sell restricted or control securities — not a mandatory transaction. This filing provides advance warning of potential selling pressure.
Filed: 3/17/2025ACC: 0000950170-25-040488
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10.40M
Shares to sell
$118.38M
Approx. market value
11.30M
Acquired (3 months)
1
Planned
Securities Acquired — Last 3 Months2
Open Market Purchase
Cash
6/8/2021
2.22MConversion of Series A Preferred Shares of the Issuer previously purchased for cash pursuant to an Investment Agreement dated June 22, 2020.
Conversion of Series A Preferred Shares
3/21/2021
9.08MTotal acquired11.30M
| Acquisition Date | Type | Amount Acquired | Gift |
|---|---|---|---|
6/8/2021 | Open Market Purchase Cash | 2.22M | — |
3/21/2021 | Conversion of Series A Preferred Shares of the Issuer previously purchased for cash pursuant to an Investment Agreement dated June 22, 2020. Conversion of Series A Preferred Shares | 9.08M | — |
| Total | 11.30M | ||
Planned & Completed Dispositions1
NASDAQPlanned
Units to sell
10.40M
Market value
$118.38M
3/17/2025
Total
Units
10.40M
Value
$118.38M
| Date | Units to Sell | Approx. Market Value | Exchange | Status |
|---|---|---|---|---|
3/17/2025 | 10.40M | $118.38M | NASDAQ | Planned |
| Total | 10.40M | $118.38M | ||