Vertex (VRTX) CSO Mark Bunnage sells 33 shares in pre-set 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Mark E. Bunnage reported a small open-market sale of company stock. On this Form 4, the EVP and Chief Scientific Officer sold 33 shares of Common Stock at $453.45 per share and now directly holds 7,284 shares. The transaction was made under a pre-arranged Rule 10b5-1 trading plan entered into on November 26, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 33 shares ($14,964)
Net Sell
1 txn
Insider
Bunnage Mark E.
Role
EVP, Chief Scientific Officer
Sold
33 shs ($15K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 33 | $453.45 | $15K |
Holdings After Transaction:
Common Stock — 7,284 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 33 shares
Sale price per share: $453.45 per share
Shares held after transaction: 7,284 shares
3 metrics
Shares sold
33 shares
Open-market sale of Common Stock on May 15, 2026
Sale price per share
$453.45 per share
Average transaction price for the reported sale
Shares held after transaction
7,284 shares
Direct ownership following the Form 4 transaction
Key Terms
Common Stock, open-market sale, Rule 10b5-1
3 terms
Common Stock financial
"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.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Rule 10b5-1 regulatory
"company approved trading plan under Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did Vertex (VRTX) report for Mark E. Bunnage?
Vertex reported that Mark E. Bunnage, EVP and Chief Scientific Officer, sold 33 shares of Common Stock. The sale was an open-market transaction reported on Form 4, reflecting routine insider trading disclosure requirements.
Was the Vertex (VRTX) insider sale by Mark E. Bunnage under a 10b5-1 plan?
Yes. The Form 4 footnote states the transaction was made under Dr. Bunnage’s company-approved trading plan under Rule 10b5-1, which was entered into on November 26, 2025, indicating it was pre-arranged.
What role does Mark E. Bunnage hold at Vertex (VRTX)?
Mark E. Bunnage is an executive officer at Vertex, serving as Executive Vice President and Chief Scientific Officer. His status as an officer requires reporting transactions in company stock on Form 4.