Vertex (NASDAQ: VERX) gets 7.2% Class A stake held by BlackRock
Rhea-AI Filing Summary
BlackRock, Inc. has filed Amendment No. 3 to a Schedule 13G reporting its beneficial ownership of Class A stock of Vertex, Inc. BlackRock reports beneficial ownership of 5,590,027 Class A shares, representing 7.2% of the class as of the event date of 12/31/2025. It holds sole voting power over 5,474,762 shares and sole dispositive power over 5,590,027 shares, with no shared voting or dispositive power.
The filing explains that these shares are held by certain BlackRock business units in the ordinary course of business, not with the purpose or effect of changing or influencing control of Vertex. Various underlying clients have rights to dividends or sale proceeds from these shares, but no single client has an interest exceeding five percent of the total outstanding common shares.
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FAQ
How many Vertex (VERX) shares does BlackRock beneficially own?
BlackRock, Inc. reports beneficial ownership of 5,590,027 shares of Vertex, Inc. Class A stock, as disclosed in the Schedule 13G/A.
What percentage of Vertex (VERX) Class A stock does BlackRock hold?
BlackRock reports that its 5,590,027 Class A shares represent 7.2% of Vertex, Inc.'s outstanding Class A stock.
Does BlackRock intend to influence control of Vertex (VERX) with this stake?
BlackRock certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Vertex, Inc.
Who has voting and dispositive power over the Vertex (VERX) shares reported by BlackRock?
BlackRock has sole voting power over 5,474,762 shares and sole dispositive power over 5,590,027 shares, with no shared voting or dispositive power.
Do any individual clients hold more than 5% of Vertex (VERX) through BlackRock?
The filing states that various persons have rights to dividends or sale proceeds, but no one person's interest in Vertex, Inc. common stock exceeds five percent of the total outstanding common shares.
What is the event date for BlackRock's reported Vertex (VERX) holdings?
The date of the event requiring this Schedule 13G/A filing is 12/31/2025, as shown on the cover page.