Vertex Pharmaceuticals (VRTX) EVP trades shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Mark E. Bunnage reported two stock dispositions. On February 25, 2026, he completed an open-market sale of 620 shares of common stock at an average price of $486.35 per share. After this sale, he directly held 7,284 shares.
On February 24, 2026, he disposed of 582 shares at an average price of $485.11 per share to cover tax obligations, rather than as an open-market sale. The transactions were made under a company-approved Rule 10b5-1 trading plan that Dr. Bunnage entered into on November 26, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 620 shares ($301,537)
Net Sell
2 txns
Insider
Bunnage Mark E.
Role
EVP, Chief Scientific Officer
Sold
620 shs ($302K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 620 | $486.35 | $302K |
| Tax Withholding | Common Stock | 582 | $485.11 | $282K |
Holdings After Transaction:
Common Stock — 7,284 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did VRTX executive Mark Bunnage report?
Mark E. Bunnage reported two stock dispositions, including an open-market sale and a tax-related share delivery. Together they covered 1,202 Vertex shares and left him holding 7,284 shares directly after the open-market sale.
What was the tax-withholding transaction reported by VRTX’s Mark Bunnage?
He disposed of 582 Vertex shares to satisfy tax obligations by delivering stock instead of cash. This tax-withholding disposition occurred at an average price of $485.11 per share, separate from his open-market sale.
Was the VRTX insider sale by Mark Bunnage under a 10b5-1 plan?
Yes, the open-market sale was executed under a company-approved Rule 10b5-1 trading plan. The filing states Dr. Bunnage adopted this pre-arranged plan on November 26, 2025, before the reported February 2026 transactions.
What is Mark Bunnage’s role at Vertex Pharmaceuticals (VRTX)?
Mark E. Bunnage serves as Executive Vice President and Chief Scientific Officer at Vertex. His Form 4 identifies him as an officer of the company, not a director or ten percent beneficial owner.