Vertex (VRTX) CMO Carmen Bozic sells 1,354 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals EVP and CMO Dr. Carmen Bozic sold 1,354 shares of Common Stock in an open-market transaction on May 15, 2026 at an average price of $453.45 per share. After this sale, she directly holds 24,734 shares. The trade was made under a pre-arranged Rule 10b5-1 company-approved trading plan entered into on November 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,354 shares ($613,971)
Net Sell
1 txn
Insider
Bozic Carmen
Role
EVP and CMO
Sold
1,354 shs ($614K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,354 | $453.45 | $614K |
Holdings After Transaction:
Common Stock — 24,734 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,354 shares
Sale price per share: $453.45 per share
Shares held after sale: 24,734 shares
+2 more
5 metrics
Shares sold
1,354 shares
Open-market sale of Common Stock on May 15, 2026
Sale price per share
$453.45 per share
Average price for the 1,354 shares sold
Shares held after sale
24,734 shares
Direct ownership following the transaction
Net shares sold
1,354 shares
Net-sell direction in transaction summary
Transaction code
S (sale in open market or private transaction)
Form 4 non-derivative transaction
Key Terms
Rule 10b5-1, open-market sale, Common Stock, Form 4
4 terms
Rule 10b5-1 regulatory
"Transaction made pursuant to Dr. Bozic's company approved trading plan under Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market sale financial
"transaction_action":"open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title":"Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Vertex (VRTX) report for Dr. Carmen Bozic?
Vertex reported that EVP and CMO Dr. Carmen Bozic sold 1,354 shares of Common Stock. The sale was an open-market transaction executed at an average price of $453.45 per share on May 15, 2026, under a Rule 10b5-1 trading plan.
What type of transaction did Vertex (VRTX) disclose in this Form 4?
The filing discloses an open-market sale of Common Stock, coded as “S” for sale. Dr. Carmen Bozic sold 1,354 shares and retained 24,734 shares afterward, with the transaction classified as a direct ownership sale in the Form 4.