Vertex (NASDAQ: VRTX) director to sell $663K in shares via charity
Rhea-AI Filing Summary
VERTEX PHARMACEUTICALS INC / MA (VRTX) has a notice of proposed sale filed for shares of its common stock under Rule 144. Director Bruce I. Sachs plans to sell 1,210 shares of Vertex common stock through Goldman Sachs & Co. LLC, with an indicated aggregate market value of $662,535.50. The shares were acquired as a gift and are held jointly with Kimberlie T. Sachs as JTWROS. As of this notice, 253,460,924 shares of Vertex common stock were outstanding, and the shares are listed on NASDAQ. The remark states that shares are sold through the Watercove Charitable Foundation, where Bruce I. Sachs serves as trustee.
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Key Figures
Number of shares to be sold: 1,210 shares
Aggregate market value: $662,535.50
Shares outstanding: 253,460,924 shares
+1 more
4 metrics
Number of shares to be sold
1,210 shares
Common stock covered by the Rule 144 notice
Aggregate market value
$662,535.50
Market value of the 1,210 shares proposed to be sold
Shares outstanding
253,460,924 shares
Vertex common stock outstanding in connection with this notice
Date of Notice
08/27/2026
Date the Form 144 notice was signed and filed
Key Terms
Rule 144, aggregate market value, JTWROS, charitable foundation
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"Common | Goldman Sachs & Co. LLC ... | 1210 | 662535.5 |"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
JTWROS financial
"Bruce I. Sachs & Kimberlie T. Sachs JTWROS | | 02/15/2008 |"
charitable foundation financial
"Shares sold through the Watercove Charitable Foundation where Bruce I."
A charitable foundation is a non-profit organization established to collect and manage funds to support charitable activities, such as education, health, or community projects. It acts like a financial reservoir dedicated to giving back to society, often funded by individuals, families, or corporations. For investors, supporting or donating to such foundations can enhance social impact and may offer tax benefits.
FAQ
What does the Form 144 filing disclose for VRTX?
The Form 144 discloses that Bruce I. Sachs, a director, plans to sell 1,210 shares of Vertex Pharmaceuticals common stock under Rule 144 through Goldman Sachs & Co. LLC, with an indicated aggregate market value of $662,535.50 and 253,460,924 shares outstanding.
What charitable detail is mentioned in this Vertex (VRTX) Form 144?
A remark states that the shares are sold through the Watercove Charitable Foundation, where Bruce I. Sachs serves as trustee.
AI-generated analysis. How Rhea-AI works. Not financial advice.