Vertex elects Debanjan Saha director effective Oct. 7

Saha has led DataRobot since September 2022 and previously held senior roles at Google Cloud and Amazon Web Services.

Rhea-AI Filing Summary

Vertex, Inc. (VERX) elected Debanjan Saha to its board, effective October 7, 2026. The board designated him a Class II director with a term expiring at the 2028 Annual Meeting of Stockholders, and determined he is independent under Nasdaq listing standards and applicable SEC rules. Saha has served as DataRobot’s chief executive officer since September 2022 and previously held leadership roles at Google Cloud and Amazon Web Services. He will participate in Vertex’s standard non-employee director compensation program and receive a pro-rated annual restricted stock award upon appointment. He has not yet been named to a board committee.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Board service effective date: October 7, 2026 Director term: 2028 Annual Meeting of Stockholders DataRobot CEO service: Since September 2022

3 metrics

Board service effective date October 7, 2026 Effective date of Debanjan Saha’s director service

Director term 2028 Annual Meeting of Stockholders Term expiration for the Class II director, subject to earlier end of service

DataRobot CEO service Since September 2022 Debanjan Saha’s current role

Key Terms

Class II director, restricted stock award, non-employee director compensation program, indemnification agreement, +1 more

5 terms

Class II director technical

"elected as a Class II director"

A class II director is a member of a company’s board who belongs to one of several staggered groups of directors, each group standing for election in different years. For investors, this matters because staggered terms slow wholesale board turnover—like rotating members of a neighborhood committee—making sudden changes in control or strategy harder and affecting how quickly shareholders can influence corporate direction.

restricted stock award financial

"a pro-rated annual restricted stock award"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

non-employee director compensation program financial

"standard non-employee director compensation program"

indemnification agreement regulatory

"standard form of indemnification agreement"

An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.

agentic artificial intelligence technical

"an agentic artificial intelligence company"

A type of artificial intelligence that can set goals, make decisions, and carry out multi-step actions across digital or physical systems with limited human direction—think of it as an autonomous employee that plans and executes tasks. Investors care because agentic AI can boost productivity and create new revenue streams by automating complex work, but it also introduces risks (unexpected behavior, higher development costs, and regulatory scrutiny) that can affect company value and future cash flows.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does Debanjan Saha join the VERX board, and how long is his term?

Saha’s election as a Vertex director takes effect October 7, 2026. He was elected as a Class II director, with a term expiring at the 2028 Annual Meeting of Stockholders and continuing until a successor is duly elected and qualified, or until his earlier death, resignation or removal.

What compensation will Debanjan Saha receive as a VERX director?

Saha will participate in Vertex’s standard non-employee director compensation program and receive a pro-rated annual restricted stock award upon appointment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/01/2026 - 04:31 PM Accepted by SEC EDGAR 10/01/2026 - 04:30 PM Learn about SEC filing dates

0001806837false00018068372026-10-012026-10-01

​

​

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): October 1, 2026

VERTEX, INC.

(Exact name of registrant as specified in its charter)

Delaware	​ ​ ​	001-39413	​ ​ ​	23-2081753
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(I.R.S. Employer Identification No.)

​

2301 Renaissance Blvd.

King of Prussia, Pennsylvania 19406

(Address of principal executive offices) (Zip Code)

(800) 355-3500

(Registrant’s telephone number, include area code)

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

​

Title of each class	​ ​	Trading Symbol(s)	​ ​ ​	Name of each exchange on which registered
Class A Common Stock, $0.001 par value per share	​	VERX	​	The Nasdaq Stock Market LLC

​

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

​

​

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 30, 2026, the Board of Directors (the “Board”) of Vertex, Inc. (the “Company”), upon the recommendation of the Nominating and Governance Committee, elected Mr. Debanjan Saha to serve as a director of the Company, effective October 7, 2026. Mr. Saha was elected as a Class II director, with a term expiring at the Company’s 2028 Annual Meeting of Stockholders and until his successor is duly elected and qualified, or until his earlier death, resignation or removal. The Board has determined that Mr. Saha is independent under the applicable listing standards of The Nasdaq Stock Market LLC and applicable rules of the Securities and Exchange Commission.

Mr. Saha has served as Chief Executive Officer of DataRobot, an agentic artificial intelligence (“AI”) company, since September 2022. Under his leadership, DataRobot has transformed from a pioneer in machine learning to a leader in agentic AI, serving enterprise customers worldwide. Prior to DataRobot, Mr. Saha spent two decades building and scaling multi-billion-dollar data and cloud businesses. He served as Vice President and General Manager of Data Analytics at Google Cloud, and before that as Vice President and General Manager at Amazon Web Services, where he led the company’s database services.  Mr. Saha serves on the board of directors of Sorenson Communications and is a member of its audit committee. He is an Institute of Electrical and Electronics Engineers (IEEE) Fellow and a distinguished member of the Association for Computing Machinery (ACM). He received MS and PhD degrees from the University of Maryland and a Bachelor of Technology from the Indian Institute of Technology, Kharagpur, all in Computer Science.

There is no arrangement or understanding between Mr. Saha and any other person pursuant to which he was elected as a director of the Company. Mr. Saha has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Mr. Saha will participate in the Company’s standard non-employee director compensation program, as described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 27, 2026. In addition, he will receive upon appointment a pro-rated annual restricted stock award to reflect his partial year of service. The Company will enter into its standard form of indemnification agreement with Mr. Saha, the form of which is filed as Exhibit 10.1 and is incorporated herein by reference. Mr. Saha has not yet been named to any committees of the Board.

​

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

​

Exhibit No.	​ ​ ​	Description
10.1	​	Form of Indemnification Agreement (incorporated by reference to Exhibit 10.3 to the Registration Statement on Form S-1/A filed with the SEC on July 20, 2020).
104	​	Cover Page Interactive Data File (embedded within the Inline XBRL document)

​

​

​

​

​

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

​

	VERTEX, INC.
Date: October 1, 2026	By:	/s/ Bryan Rowland
	Name:	Bryan Rowland
	Title:	General Counsel and Secretary

​

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 EX-101.SCH 2.6 KB
• EX-101 EX-101.LAB 14.9 KB
• EX-101 EX-101.PRE 9.5 KB