Vertex (VRTX) EVP Tatsis logs 10b5-1 sale and tax share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Ourania Tatsis, EVP and Chief Regulatory & Quality Officer, reported two transactions in Vertex common stock. She completed an open-market sale of 260 shares at $486.35 per share under a company-approved Rule 10b5-1 trading plan. In a separate transaction, she disposed of 1,627 shares at $485.11 per share to cover tax obligations. After these transactions, she directly holds 46,763 shares of Vertex common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 260 shares ($126,451)
Net Sell
2 txns
Insider
Tatsis Ourania
Role
EVP, Chief Reg. & Quality Off.
Sold
260 shs ($126K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 260 | $486.35 | $126K |
| Tax Withholding | Common Stock | 1,627 | $485.11 | $789K |
Holdings After Transaction:
Common Stock — 46,763 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Vertex (VRTX) EVP Ourania Tatsis report?
EVP Ourania Tatsis reported two transactions in Vertex common stock: an open-market sale of 260 shares and a separate 1,627-share disposal to cover tax obligations related to equity compensation, both at prices around $485 per share.
Was the Vertex (VRTX) insider sale by Ourania Tatsis under a Rule 10b5-1 plan?
Yes. The Form 4 notes the transaction was made under a company-approved Rule 10b5-1 trading plan. Such plans pre-schedule trades, aiming to separate routine portfolio management from short-term market information influences for insiders.