Vertex Pharmaceuticals (VRTX) CEO reports tax-share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals CEO Reshma Kewalramani reported a Form 4 tax-withholding disposition of 13,041 shares of common stock at $487.76 per share. After this transaction, she directly owns 133,487 Vertex shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kewalramani Reshma
Role
CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 13,041 | $487.76 | $6.36M |
Holdings After Transaction:
Common Stock — 133,487 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Vertex (VRTX) CEO Reshma Kewalramani report?
Reshma Kewalramani reported a tax-withholding disposition of 13,041 shares of Vertex common stock. The shares were valued at $487.76 per share, according to the Form 4 insider filing details.
Was the Vertex (VRTX) CEO’s Form 4 transaction a sale on the open market?
The transaction is classified as a tax-withholding disposition with code F, meaning shares were delivered to cover an exercise price or tax liability. It is not reported as an open-market purchase or sale.
What does transaction code F mean in the Vertex (VRTX) CEO Form 4?
Code F on this Form 4 indicates payment of exercise price or tax liability by delivering securities. For Vertex, CEO Reshma Kewalramani used 13,041 shares to satisfy such obligations rather than executing a standard market trade.