Vertex (VRTX) SVP & Chief Accounting Officer sells 357 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals senior vice president and chief accounting officer Kristen Ambrose reported an open-market sale of 357 shares of common stock at $483.36 per share. After this transaction, she directly holds 6,624 shares. The sale was made under a pre-established, company-approved Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 357 shares ($172,560)
Net Sell
1 txn
Insider
Ambrose Kristen
Role
SVP & Chief Accounting Officer
Sold
357 shs ($173K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 357 | $483.36 | $173K |
Holdings After Transaction:
Common Stock — 6,624 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did VRTX executive Kristen Ambrose report?
Kristen Ambrose reported selling 357 shares of Vertex Pharmaceuticals common stock in an open-market transaction. The shares were sold at a price of $483.36 each, and the transaction was disclosed on a Form 4 insider trading report.
Was the VRTX insider sale by Kristen Ambrose under a 10b5-1 trading plan?
Yes. The filing states the transaction was made under Ms. Ambrose’s company-approved Rule 10b5-1 trading plan. Such plans pre-arrange trades, helping separate routine diversification or liquidity needs from discretionary timing decisions.
What role does Kristen Ambrose hold at Vertex Pharmaceuticals (VRTX)?
Kristen Ambrose serves as senior vice president and chief accounting officer at Vertex Pharmaceuticals. Her Form 4 filing reflects an insider sale of company common stock, which must be reported because of her executive officer status and access to material information.
Does the VRTX Form 4 show a buy or sell transaction by Kristen Ambrose?
The Form 4 reports a sell transaction. Specifically, it shows an open-market sale of 357 shares of Vertex Pharmaceuticals common stock, categorized with transaction code “S,” which denotes a sale in an open-market or private transaction.