Vertex EVP disposes shares for tax withholding
Vertex Pharmaceuticals executive Duncan McKechnie reported a tax-related share disposition.
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Duncan McKechnie reported a tax-related share disposition. On this Form 4, he disposed of 2,283 shares of Vertex common stock on February 13, 2026 at an indicated price of $487.76 per share to cover tax obligations. After this transaction, he directly owned 19,528 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 2,283 shares
Exercise Price or Tax Liability
1 txn
Insider
McKechnie Duncan
Role
EVP, Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,283 | $487.76 | $1.11M |
Holdings After Transaction:
Common Stock — 19,528 shares (Direct)
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Vertex (VRTX) report for Duncan McKechnie?
Vertex EVP and Chief Commercial Officer Duncan McKechnie reported a tax-related share disposition. He delivered 2,283 shares of Vertex common stock to satisfy tax obligations, as indicated by code F, rather than executing an open-market sale of shares.
What does transaction code F mean in the Vertex (VRTX) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. For Duncan McKechnie’s Vertex transaction, it shows that 2,283 shares were disposed of to satisfy tax obligations, rather than being sold in a standard open-market stock transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.