Vertex EVP exercises options, sells 58,613 shares
Vertex Pharmaceuticals executive Amit Sachdev reported option exercises and share sales.
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Amit Sachdev reported option exercises and share sales. On February 19, 2026, he exercised stock options covering 23,479 shares at a price of $155.57 per share and 25,026 shares at $187.53 per share, converting them into common stock.
On the same date, he sold a total of 58,613 shares of common stock in multiple open-market transactions at prices ranging from approximately $463.91 to $471.43, under a company-approved Rule 10b5-1 trading plan entered into on November 18, 2025. Following these transactions, he held 58,934 shares directly, plus 882 shares in a 401(k) and 9,301 shares held in a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 23,479 | $0.00 | $0.00 |
| Exercise | Stock Option (Right to Buy) | 25,026 | $0.00 | $0.00 |
| Exercise | Common Stock | 23,479 | $155.57 | $3.65M |
| Exercise | Common Stock | 25,026 | $187.53 | $4.69M |
| Sale | Common Stock | 920 | $463.91 | $427K |
| Sale | Common Stock | 2,730 | $465.05 | $1.27M |
| Sale | Common Stock | 1,848 | $465.80 | $861K |
| Sale | Common Stock | 10,263 | $467.75 | $4.80M |
| Sale | Common Stock | 19,662 | $468.57 | $9.21M |
| Sale | Common Stock | 7,241 | $469.61 | $3.40M |
| Sale | Common Stock | 11,712 | $470.54 | $5.51M |
| Sale | Common Stock | 4,237 | $471.43 | $2.00M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (11)
- F1. Transaction made pursuant to Mr. Sachdev's company approved trading plan under Rule 10b5-1, which was entered into on 11/18/2025.
- F2. Open market sales reported on this line occurred at a weighted average price of $463.91 (range $463.44 to $464.28).
- F3. Mr. Sachdev undertakes to provide (upon request by the SEC staff, the issuer or a security holder of the issuer) full information regarding the number of shares sold at each separate price.
- F4. Open market sales reported on this line occurred at a weighted average price of $465.05 (range $464.48 to $465.46).
- F5. Open market sales reported on this line occurred at a weighted average price of $465.80 (range $465.54 to $466.49).
- F6. Open market sales reported on this line occurred at a weighted average price of $467.75 (range $467.09 to $468.05).
- F7. Open market sales reported on this line occurred at a weighted average price of $468.57 (range $468.10 to $469.09).
- F8. Open market sales reported on this line occurred at a weighted average price of $469.61 (range $469.10 to $470.05).
- F9. Open market sales reported on this line occurred at a weighted average price of $470.54 (range $470.10 to $471.08).
- F10. Open market sales reported on this line occurred at a weighted average price of $471.43 (range $471.10 to $472.03).
- F11. Fully vested.
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