Vertex director buys 40,000 VERX shares
Vertex, Inc. director Eric C. Andersen reported an open-market purchase of Class A common stock.
Rhea-AI Filing Summary
Vertex, Inc. director Eric C. Andersen reported an open-market purchase of Class A common stock. On February 20, 2026, he bought 40,000 shares at a weighted average price of $12.91 per share, bringing his directly held stake to 150,341 shares.
The filing notes that the purchase was executed in multiple trades within a price range of $12.87 to $12.96 per share, and detailed trade-level pricing information is available upon request from the company or the regulator.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 40,000 shares
Net Buy
1 txn
Insider
ANDERSEN ERIC C.
Role
Director
Bought
40,000 shs ($516K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 40,000 | $12.91 | $516K |
Holdings After Transaction:
Class A Common Stock — 150,341 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $12.87 to $12.96, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Vertex (VERX) disclose for Eric C. Andersen?
Vertex reported that director Eric C. Andersen bought 40,000 shares of Class A common stock. The open-market purchase occurred on February 20, 2026 at a weighted average price of $12.91 per share, increasing his directly owned holdings to 150,341 shares.
Was the Vertex (VERX) insider trade by Eric C. Andersen a purchase or sale?
The Form 4 shows a purchase by Eric C. Andersen. He bought 40,000 shares of Vertex Class A common stock in an open-market transaction at a weighted average price of $12.91 per share, increasing his directly held position to 150,341 shares.
What does the weighted average price mean in the Vertex (VERX) Form 4 filing?
The weighted average price of $12.91 per share means multiple trades were executed at prices between $12.87 and $12.96. The average is based on share volumes at each price, and full trade-by-trade pricing is available from Vertex, shareholders, or regulators upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.