Welcome to our dedicated page for Vertex SEC filings (Ticker: VERX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Vertex, Inc. (NASDAQ: VERX) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Vertex is a global provider of indirect tax solutions whose Class A common stock is listed on The Nasdaq Stock Market LLC under the symbol VERX, and its filings offer detailed information on financial performance, risk factors, capital structure, and material corporate events.
Through this page, readers can review current reports on Form 8-K in which Vertex describes significant developments. Recent 8-K filings have covered topics such as quarterly financial results, the authorization of a stock repurchase program for up to a specified amount of Class A common stock, amendments to the company’s amended and restated credit agreement that provide additional capacity for dividends or distributions (including share repurchases) subject to leverage and default conditions, and executive leadership changes including the appointment of a new Chief Executive Officer and President and the related retirement and consulting arrangements for the prior executive.
In addition to 8-Ks, users can access Vertex’s annual reports on Form 10-K and quarterly reports on Form 10-Q, which contain audited and interim financial statements, management’s discussion and analysis, and descriptions of key business metrics such as annual recurring revenue and net revenue retention, as referenced in company earnings releases. These filings also include detailed risk factor discussions related to Vertex’s indirect tax software business, international operations, technology investments, and use of artificial intelligence.
Stock Titan enhances these documents with AI-powered summaries that highlight the main points of lengthy filings, helping readers quickly understand items such as revenue trends, changes in capital allocation policies, or updates to credit agreements. The platform also surfaces insider and equity-related disclosures, including information on stock plans and equity awards described in employment agreements that are filed as exhibits to certain 8-Ks. Real-time updates from the SEC’s EDGAR system ensure that new Vertex filings, from 10-Ks and 10-Qs to 8-Ks and other forms, are available promptly with contextual AI insights.
Vertex, Inc. entered into a First Amendment to its recently amended and restated credit agreement with PNC Bank and other lenders. The amendment gives the company additional flexibility to return cash to shareholders through dividends, distributions, and share repurchases, but only under specific conditions. These payments are permitted if no event of default has occurred or would result and if Vertex maintains a pro forma secured debt net leverage ratio of less than 2.50 to 1.00, calculated as if the dividend, distribution, and any related borrowing had already occurred at the end of the most recent quarter. This change increases capital return options while keeping leverage and credit protections in place.
Vertex, Inc. (VERX) filed a Form 3, the initial statement of beneficial ownership for a reporting person who serves as both Director and President and CEO. The event date is 11/10/2025.
The filing states that no securities are beneficially owned by the reporting person at this time. It was filed by one reporting person and signed by Lisa Coleman, Attorney-in-Fact.
Vertex, Inc. (VERX) filed its Q3 2025 10‑Q, showing continued growth in software-driven revenue and stable profitability. Revenue was $192.1 million, up from $170.4 million a year ago, led by software subscriptions of $164.8 million and services of $27.3 million. Gross profit reached $121.3 million. Operating income was $4.3 million and net income was $4.0 million, with diluted EPS of $0.02. For the first nine months, revenue totaled $553.7 million and net income was $14.2 million.
The balance sheet remained solid with cash and cash equivalents of $313.5 million and debt of $336.9 million. Current deferred revenue was $333.6 million, reflecting strong contracted demand. Stockholders’ equity rose to $264.5 million, helped by a sharp improvement in accumulated other comprehensive loss.
Operating cash flow was $123.3 million for the nine months, funding investments including $69.3 million of property and equipment and $16.4 million of capitalized software. Vertex recorded fair value updates to ecosio contingent consideration and disclosed a $15.0 million preferred equity investment in Kintsugi AI, aligned with its tax automation strategy.
Vertex, Inc. (VERX) announced its first stock repurchase program, authorizing the buyback of up to
Management will determine the timing and amount based on market conditions and other factors. Repurchases may also be executed under a Rule 10b5-1 plan, which allows purchases during blackout periods. Any repurchased shares will be available for use in the company’s stock plans and for other corporate purposes. The program has no termination date and may be modified, suspended, or discontinued at any time. The company also furnished a press release with financial results for the quarter ended September 30, 2025 as Exhibit 99.1.
Vertex, Inc. (VERX) furnished preliminary results for the quarter ended September 30, 2025 and announced a leadership transition. CEO, President and Chairperson David DeStefano will retire as an executive officer effective November 10, 2025, remain Chairperson, and serve as a consultant through December 31, 2025 for
The Board appointed Christopher Young as CEO, President and a Class III director effective November 10, 2025. His employment terms include a
Vertex, Inc. Schedule 13G/A discloses detailed beneficial ownership by multiple related Reporting Persons. The cover pages show that Amanda Radcliffe beneficially owns 33,273,094.22 shares (20.9% of Class A) and Stefanie Thompson beneficially owns 32,986,261.58 shares (20.7% of Class A), with other family and trust reporting persons holding additional stakes of varying sizes.
The filing states that, based in part on issuer-provided information and assuming conversion of an aggregate 82,155,641 Class B shares on a one-for-one basis, the Reporting Persons acting under a Stockholders' Agreement would be deemed to beneficially own 85,751,483 shares of Class A Common Stock, representing 53.8% of the Class A calculated pursuant to Rule 13d-3. The ownership figures are reported in the filing as of June 30, 2025 and are presented against 77,318,571 shares of Class A outstanding (issuer figure cited as of August 1, 2025).
Insider Trading Alert: The ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL, a 10% owner and 13(D) group member of Vertex, has executed multiple sales of Class A Common Stock over three consecutive trading days:
- June 20, 2025: Sold 8,832 shares at weighted average price of $35.12
- June 23, 2025: Sold 510 shares at $35.00
- June 24, 2025: Sold 14,425 shares at weighted average price of $35.24
Following these transactions, the trust's holdings decreased to 173,073.706 shares, all held directly. The total disposition amounts to 23,767 shares, with sale prices ranging from $35.00 to $35.625. This significant insider selling activity by a major shareholder could signal important changes in insider sentiment.
A significant insider transaction was reported for Vertex (VERX) involving the ITEM SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL, a 10% owner and 13(D) group member. The trust executed three substantial sales of Class A Common Stock over consecutive days:
- June 16, 2025: Sold 78,248 shares at average price of $36.87
- June 17, 2025: Sold 145,111 shares at average price of $37.16
- June 18, 2025: Sold 157,874 shares at average price of $35.93
Following these transactions, the trust's holdings decreased from approximately 500,000 shares to 196,841 shares, representing a significant reduction of about 60% in their position. The sales were executed at prices ranging from $35.31 to $37.57 per share, with a total transaction value of approximately $14 million.