Vertex director receives 15,638-share stock grant
Vertex, Inc. director Mark J. Mendola received a grant of 15,638 shares of Class A Common Stock as a restricted stock award.
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Form Type
4
Rhea-AI Filing Summary
Vertex, Inc. director Mark J. Mendola received a grant of 15,638 shares of Class A Common Stock as a restricted stock award. This is a compensation-related acquisition at no cash cost to him. Following the grant, he directly holds 20,965 shares.
The restricted stock will vest on the earlier of the day immediately before the company’s next annual stockholder meeting or June 10, 2027, aligning the director’s equity with a typical annual board service period.
Insider Trade Summary
Grant/Award: 15,638 shares
Grant/Award
1 txn
Insider
Mendola Mark J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 15,638 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 20,965 shares (Direct)
Footnotes (1)
- F1. Represents an award of restricted stock that will vest on the earlier to occur of (i) the day immediately prior to the date of the next annual meeting of the Company's stockholders, and (ii) June 10, 2027.
Key Figures
Restricted stock grant: 15,638 shares
Total holdings after grant: 20,965 shares
Grant price per share: $0.0000 per share
+1 more
4 metrics
Restricted stock grant
15,638 shares
Class A Common Stock award on June 10, 2026
Total holdings after grant
20,965 shares
Director Mark J. Mendola direct ownership post-transaction
Grant price per share
$0.0000 per share
Compensation-related restricted stock, not open-market purchase
Latest vesting date
June 10, 2027
Vests earlier of pre-next annual meeting or this date
Key Terms
restricted stock, Class A Common Stock, annual meeting, Form 4
4 terms
restricted stock financial
"Represents an award of restricted stock that will vest on the earlier to occur"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
annual meeting financial
"the day immediately prior to the date of the next annual meeting of the Company's stockholders"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Vertex, Inc. (VERX) disclose in this Form 4 for Mark J. Mendola?
Vertex disclosed that director Mark J. Mendola received a restricted stock award of 15,638 shares of Class A Common Stock. The grant is a compensation-related equity award, increasing his direct holdings to 20,965 shares after the transaction.
When do the restricted stock awards for Vertex (VERX) director Mark J. Mendola vest?
The restricted stock will vest on the earlier of the day immediately prior to the next annual meeting of Vertex stockholders or June 10, 2027. This schedule ties vesting to the typical annual board service cycle and a fixed outside date.
Was Mark J. Mendola’s Vertex (VERX) Form 4 transaction an open-market buy or a grant?
The Form 4 reports a grant or award acquisition, not an open-market purchase. The transaction code is “A” and the price per share is $0.0000, indicating a restricted stock compensation grant rather than a cash-funded market transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
