Vertex EVP Bunnage sells 2,021 shares in planned trade
Vertex Pharmaceuticals executive Mark E. Bunnage, EVP and Chief Scientific Officer, reported two transactions in Vertex common stock.
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Mark E. Bunnage, EVP and Chief Scientific Officer, reported two transactions in Vertex common stock. On February 11, 2026, he made an open-market sale of 2,021 shares at $460.43 per share. On February 10, 2026, 1,127 shares were disposed of at $468.41 per share to cover tax obligations. After these transactions, he directly owns 12,914 shares of Vertex common stock. The filing notes the sale was made under a company-approved Rule 10b5-1 trading plan entered into on November 26, 2025, indicating the trades were pre-scheduled rather than discretionary.
Positive
- None.
Negative
- None.
Insights
Planned insider sale and tax withholding, modest versus typical executive holdings.
The report shows Vertex EVP and Chief Scientific Officer Mark E. Bunnage executing an open-market sale of 2,021 common shares at $460.43, plus a 1,127-share tax-withholding disposition at $468.41. Both positions are reported as directly owned, with 12,914 shares remaining afterward.
The key context is the footnote: the sale occurred under a company-approved Rule 10b5-1 trading plan entered on November 26, 2025. Such plans pre-schedule trades, reducing concerns that the transaction reflects short-term views on Vertex’s prospects. As a result, this looks like routine portfolio and tax management rather than a thesis-changing event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,021 | $460.43 | $931K |
| Exercise Price or Tax Liability | Common Stock | 1,127 | $468.41 | $528K |
Footnotes (1)
- F1. Transaction made pursuant to Dr. Bunnage's company approved trading plan under Rule 10b5-1, which was entered into on 11/26/2025.
FAQ
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What insider transactions did Vertex (VRTX) executive Mark Bunnage report?
Was the Mark Bunnage stock sale at Vertex (VRTX) under a Rule 10b5-1 plan?
What prices were received in Mark Bunnage’s Vertex (VRTX) stock transactions?
What do the transaction codes F and S mean in the Vertex (VRTX) Form 4 for Mark Bunnage?
What is Mark Bunnage’s role at Vertex (VRTX) mentioned in the Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.