Vertex EVP McKechnie granted 6,800 performance shares
McKechnie Duncan reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
McKechnie Duncan reported acquisition or exercise transactions in this Form 4 filing.
Vertex Pharmaceuticals executive Duncan McKechnie, EVP and Chief Commercial Officer, reported two equity awards on January 22, 2026, receiving 4,720 and 2,080 shares of common stock at no cash price as earned performance-based stock units. Context notes these shares arise from 2023 and 2025 performance stock unit awards, with performance certified on January 22, 2026 and vesting scheduled in February 2026. Following these grants, he directly holds 22,938 Vertex shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,720 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,080 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents earned performance shares with respect to a performance stock unit award granted on 02/01/2023 that contained performance-vesting requirements. The issuer's management development and compensation committee certified as to the level of performance-goal attainment on 01/22/2026 and the shares will vest on 02/13/2026.
- F2. Represents earned performance shares with respect to a performance stock unit award granted on 02/12/2025 that contained performance-vesting requirements. The issuer's management development and compensation committee certified as to the level of performance-goal attainment on 01/22/2026 and the shares will vest in installments beginning on 02/24/2026.
Key Figures
Key Terms
performance stock unit award financial
performance-vesting requirements financial
management development and compensation committee financial
performance-goal attainment financial
vest in installments financial
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