Lloyd Carney of Vertex (VRTX) receives fully vested options grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals director Lloyd Carney received a fully vested stock option grant covering 2,866 shares of common stock. The option has an exercise price of $424.45 per share and expires on April 30, 2036. Following this award, Carney holds 2,866 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CARNEY LLOYD
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 2,866 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 2,866 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 2,866 options
Exercise price: $424.45 per share
Expiration date: April 30, 2036
+1 more
4 metrics
Option grant size
2,866 options
Stock Option (Right to Buy) granted May 1, 2026
Exercise price
$424.45 per share
Strike price of stock option grant
Expiration date
April 30, 2036
Option term end date
Options held after grant
2,866 options
Total derivative holdings following transaction
Key Terms
Stock Option (Right to Buy), Grant, award, or other acquisition, Common Stock, Fully vested
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Fully vested financial
"footnote: Fully vested."
FAQ
What did Vertex (VRTX) director Lloyd Carney report in this Form 4 filing?
Lloyd Carney reported receiving a stock option grant for 2,866 shares. The options relate to Vertex common stock and were awarded as compensation, not through open-market buying or selling, and are held directly by Carney according to the filing.
How many Vertex (VRTX) stock options did Lloyd Carney receive?
Lloyd Carney received 2,866 stock options linked to Vertex common stock. The filing shows these options as the total derivative position following the transaction, indicating this grant established his reported option holdings in the company.
What is the exercise price and term of Lloyd Carney’s Vertex (VRTX) options?
The stock options have an exercise price of $424.45 per share and an expiration date of April 30, 2036. This gives Carney the right to buy Vertex common shares at that price until the stated expiration.
Are Lloyd Carney’s newly granted Vertex (VRTX) options vested?
The options are described as fully vested in the footnote. This means Carney can exercise the 2,866 options at the $424.45 strike price at any time before the April 30, 2036 expiration, subject to any applicable company or regulatory trading restrictions.