Vertex (VRTX) EVP uses 3,548 shares to cover equity tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Amit Sachdev, EVP Chief Patient & External Affairs Officer, disposed of 3,548 shares of common stock on February 13, 2026 at $487.76 per share in a tax-withholding disposition. After this, he directly held 65,393 shares, with additional indirect holdings of 9,301 shares in a trust and 882 shares in a 401(k).
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Sachdev Amit
Role
EVP Chief Patient & Ext Af Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,548 | $487.76 | $1.73M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 65,393 shares (Direct);
Common Stock — 9,301 shares (Indirect, Held in Trust)
Footnotes (1)
FAQ
What insider transaction did Vertex (VRTX) executive Amit Sachdev report?
Amit Sachdev reported a tax-withholding disposition of 3,548 Vertex common shares at $487.76 per share on February 13, 2026. This transaction satisfied tax obligations rather than representing an open-market purchase or sale.
Was the Vertex (VRTX) Form 4 transaction a sale on the open market?
The Form 4 characterizes the transaction as a tax-withholding disposition, not an open-market sale. Code F indicates payment of tax liability by delivering already-held securities instead of selling shares in a market trade.
What transaction code was used in Amit Sachdev’s Vertex (VRTX) Form 4?
The filing uses transaction code F, described as “Payment of exercise price or tax liability by delivering securities.” This means shares were used to cover tax obligations tied to equity compensation, rather than a discretionary buy or sell.
What indirect Vertex (VRTX) holdings does Amit Sachdev report on Form 4?
The Form 4 lists 9,301 Vertex shares held in a trust and 882 shares in a 401(k) as indirect holdings. These positions are reported separately from his 65,393 directly held shares of Vertex common stock.