Vertex (VRTX) CEO Reshma Kewalramani sells 40,000 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals CEO & President Reshma Kewalramani reported open-market sales of 40,000 shares of Vertex common stock on February 27, 2026 under a pre-arranged Rule 10b5-1 trading plan entered into on November 17, 2025. The shares were sold at prices ranging from $479.75 to $496.95, and she held 98,278 shares directly after the final transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,000 shares ($19,738,855)
Net Sell
13 txns
Insider
Kewalramani Reshma
Role
CEO & President
Sold
40,000 shs ($19.74M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 400 | $479.75 | $192K |
| Sale | Common Stock | 120 | $481.50 | $58K |
| Sale | Common Stock | 240 | $482.84 | $116K |
| Sale | Common Stock | 2,510 | $487.13 | $1.22M |
| Sale | Common Stock | 3,278 | $488.27 | $1.60M |
| Sale | Common Stock | 460 | $489.32 | $225K |
| Sale | Common Stock | 2,725 | $490.54 | $1.34M |
| Sale | Common Stock | 949 | $491.30 | $466K |
| Sale | Common Stock | 2,520 | $493.29 | $1.24M |
| Sale | Common Stock | 3,498 | $494.33 | $1.73M |
| Sale | Common Stock | 15,580 | $495.38 | $7.72M |
| Sale | Common Stock | 5,995 | $496.16 | $2.97M |
| Sale | Common Stock | 1,725 | $496.95 | $857K |
Holdings After Transaction:
Common Stock — 137,878 shares (Direct)
Footnotes (1)
- Transaction made pursuant to Dr. Kewalramani's company approved trading plan under Rule 10b5-1, which was entered into on 11/17/2025. Dr. Kewalramani 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. Open market sales reported on this line occurred at a weighted average price of $479.75 (range $479.75 to $479.76). Open market sales reported on this line occurred at a weighted average price of $481.50 (range $481.50 to $481.51). Open market sales reported on this line occurred at a weighted average price of $482.84 (range $482.84 to $482.85). Open market sales reported on this line occurred at a weighted average price of $487.13 (range $486.64 to $487.55). Open market sales reported on this line occurred at a weighted average price of $488.27 (range $487.82 to $488.56). Open market sales reported on this line occurred at a weighted average price of $489.32 (range $489.01 to $489.79). Open market sales reported on this line occurred at a weighted average price of $490.54 (range $490.10 to $491.01). Open market sales reported on this line occurred at a weighted average price of $491.30 (range $491.13 to $491.85). Open market sales reported on this line occurred at a weighted average price of $493.29 (range $492.78 to $493.77). Open market sales reported on this line occurred at a weighted average price of $494.33 (range $493.78 to $494.75). Open market sales reported on this line occurred at a weighted average price of $495.38 (range $494.79 to $495.78). Open market sales reported on this line occurred at a weighted average price of $496.16 (range $495.79 to $496.74). Open market sales reported on this line occurred at a weighted average price of $496.95 (range $496.79 to $497.17).
FAQ
What insider transaction did VRTX CEO Reshma Kewalramani report on this Form 4?
Reshma Kewalramani reported selling 40,000 VRTX shares. The Form 4 shows multiple open-market sales of Vertex common stock totaling 40,000 shares on February 27, 2026, carried out under a pre-established Rule 10b5-1 trading plan.
Was the VRTX CEO’s February 27, 2026 stock sale under a Rule 10b5-1 plan?
Yes, the transactions were executed under a Rule 10b5-1 plan. A footnote explains the trades were made pursuant to a company-approved trading plan entered into on November 17, 2025, providing a prearranged schedule for potential sales.
How many separate sale transactions are reported for the VRTX CEO in this filing?
The Form 4 shows 13 separate sale transactions. Each line represents an open-market sale of Vertex common stock on February 27, 2026, with different share amounts and weighted average prices documented in the accompanying footnotes.
Does the VRTX CEO provide details on the exact prices for each individual trade?
She undertakes to provide full trade-price details upon request. A footnote states Dr. Kewalramani will provide complete information on the number of shares sold at each separate price to the SEC staff, the issuer, or any security holder who asks.