Vertex CEO reports tax-withholding share disposition
Vertex Pharmaceuticals CEO Reshma Kewalramani reported a tax-related share transaction.
Rhea-AI Filing Summary
Vertex Pharmaceuticals CEO Reshma Kewalramani reported a tax-related share transaction. On this Form 4, she had 4,981 shares of common stock withheld at $485.11 per share to cover taxes, a type of non-market disposition. After this, she directly owned 138,278 shares of Vertex common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 4,981 shares
Exercise Price or Tax Liability
1 txn
Insider
Kewalramani Reshma
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,981 | $485.11 | $2.42M |
Holdings After Transaction:
Common Stock — 138,278 shares (Direct)
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Vertex (VRTX) CEO Reshma Kewalramani report?
Reshma Kewalramani reported a tax-related disposition of shares. 4,981 shares of Vertex common stock were withheld to satisfy tax obligations, rather than sold on the open market, and the transaction was reported on a Form 4 filing.
Was the Vertex (VRTX) CEO’s Form 4 transaction an open-market sale?
No, the transaction was a tax-withholding disposition, coded “F” on Form 4. Shares were withheld to pay tax liabilities on equity compensation, rather than sold as a discretionary open-market trade by the CEO.
AI-generated analysis. How Rhea-AI works. Not financial advice.