Vertex (VRTX) EVP David Altshuler earns 11,194 performance-based shares
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive David Altshuler reported stock awards tied to performance goals. On 01/22/2026, he acquired 7,866 shares of Vertex common stock and another 3,328 shares, each at a price of $0 per share, reflecting earned performance shares from prior performance stock unit awards. These awards were originally granted on 02/01/2023 and 02/12/2025 and included performance-vesting requirements that the company’s management development and compensation committee certified as achieved on 01/22/2026. After these transactions, Altshuler directly owned 34,477 shares of Vertex common stock. The 7,866-share portion is scheduled to vest on 02/13/2026, and the 3,328-share portion will vest in installments beginning on 02/24/2026.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,866 | $0.00 | -- |
| Grant/Award | Common Stock | 3,328 | $0.00 | -- |
Footnotes (1)
- Represents earned performance shares with respect to a performance stock unit award granted on 02/01/2023 that contained performance-vesting requirements. The issuer's management development and compensation committee certified as to the level of performance-goal attainment on 01/22/2026 and the shares will vest on 02/13/2026. Represents earned performance shares with respect to a performance stock unit award granted on 02/12/2025 that contained performance-vesting requirements. The issuer's management development and compensation committee certified as to the level of performance-goal attainment on 01/22/2026 and the shares will vest in installments beginning on 02/24/2026.
FAQ
Who is the insider in this Vertex (VRTX) Form 4 filing?
The insider is David Altshuler, who serves as EVP, Chief Scientific Officer of Vertex Pharmaceuticals Incorporated.
What transactions did David Altshuler report in this Vertex (VRTX) Form 4?
On 01/22/2026, Altshuler reported two acquisitions of Vertex common stock: 7,866 shares and 3,328 shares, both at a price of $0 per share, as part of earned performance stock awards.