Vertex EVP trades stock, receives share award
Vertex Pharmaceuticals executive Edward Morrow Atkinson III reported a mix of stock sales, awards, and tax-related share disposals.
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Edward Morrow Atkinson III reported a mix of stock sales, awards, and tax-related share disposals. On February 18, he completed an open‑market sale of 817 shares of common stock at an average price of $473.68 per share, leaving him with 20,727 directly owned shares after that sale.
On February 17, he received a grant of 4,962 shares of common stock at no cost, described as a restricted stock unit award that will vest in installments beginning on February 20, 2027. That same day, 2,031 shares were sold in open‑market transactions at an average price of $489.46 per share, and 1,530 shares were disposed of to cover tax obligations at a price of $483.75 per share. The open‑market sales were executed under a company‑approved Rule 10b5‑1 trading plan entered into on August 11, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 817 | $473.68 | $387K |
| Grant/Award | Common Stock | 4,962 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,530 | $483.75 | $740K |
| Sale | Common Stock | 2,031 | $489.46 | $994K |
Footnotes (2)
- F1. Restricted stock unit award that vests in installments beginning on February 20, 2027.
- F2. Transaction made pursuant to Mr. Atkinson's company approved trading plan under Rule 10b5-1, which was entered into on 08/11/2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did VRTX executive Edward Atkinson report?
What stock award did Edward Atkinson receive from Vertex Pharmaceuticals (VRTX)?
Were the VRTX insider stock sales made under a Rule 10b5-1 trading plan?
What does the tax-withholding transaction in the VRTX Form 4 represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.