Vertex (VRTX) EVP Tatsis reports stock grant, tax sale and 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Ourania Tatsis reported a mix of stock transactions involving company common shares. She received a grant of 5,789 shares as a restricted stock unit award that will vest in installments beginning on February 20, 2027. On the same date, 2,294 shares were disposed of to cover tax obligations at a price of $483.75 per share. She also executed open-market sales of 609 shares at $489.46 per share and 368 shares at $473.68 per share, made under a company-approved Rule 10b5-1 trading plan entered on August 21, 2025. Following these transactions, she directly owned 48,650 shares of Vertex common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 977 shares ($472,395)
Net Sell
4 txns
Insider
Tatsis Ourania
Role
EVP, Chief Reg. & Quality Off.
Sold
977 shs ($472K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 368 | $473.68 | $174K |
| Grant/Award | Common Stock | 5,789 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,294 | $483.75 | $1.11M |
| Sale | Common Stock | 609 | $489.46 | $298K |
Holdings After Transaction:
Common Stock — 48,650 shares (Direct)
Footnotes (1)
- Restricted stock unit award that vests in installments beginning on February 20, 2027. Transaction made pursuant to Dr. Tatsis' company approved trading plan under Rule 10b5-1, which was entered into on 08/21/2025.
FAQ
What did VRTX executive Ourania Tatsis report in this Form 4?
Ourania Tatsis reported a mix of equity transactions in Vertex common stock, including a restricted stock unit grant, tax-withholding share disposition, and open-market sales executed under a pre-established Rule 10b5-1 trading plan.
What equity award did Ourania Tatsis receive from Vertex (VRTX)?
She received a restricted stock unit award covering 5,789 shares of Vertex common stock. According to the filing, this award will vest in installments beginning on February 20, 2027, subject to the award’s terms and continued service requirements.
Is the VRTX insider trading under a Rule 10b5-1 plan?
Yes. The filing notes that certain transactions were made pursuant to Dr. Tatsis’ company-approved Rule 10b5-1 trading plan, which was entered into on August 21, 2025, providing a pre-arranged framework for selling shares.