Vertex (VRTX) CFO Charles Wagner logs tax-withholding disposal of 1,744 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Charles F. Wagner Jr., the company’s EVP, COO and CFO, reported a Form 4 transaction involving company common stock. On February 24, 2026, he had 1,744 shares of Vertex common stock disposed of in a transaction coded “F,” which represents payment of tax liability by delivering securities, at a price of $485.11 per share. After this tax-withholding disposition, Wagner directly owned 47,042 shares of Vertex common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WAGNER CHARLES F JR
Role
EVP, CO & FO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,744 | $485.11 | $846K |
Holdings After Transaction:
Common Stock — 47,042 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Vertex (VRTX) report for Charles F. Wagner Jr.?
Vertex reported that EVP, COO and CFO Charles F. Wagner Jr. had 1,744 shares of common stock disposed of in a tax-withholding transaction coded “F” on February 24, 2026, reflecting payment of tax liability using shares rather than an open-market trade.
What does the transaction code “F” mean in the Vertex (VRTX) Form 4 filing?
Transaction code “F” indicates payment of exercise price or tax liability by delivering securities. In this case, 1,744 Vertex common shares were disposed of to satisfy tax obligations, classifying the move as a tax-withholding disposition rather than a standard market sale.
Is the Vertex (VRTX) insider transaction by Charles Wagner Jr. a purchase or sale?
The transaction is classified as a disposition related to tax withholding, not a traditional purchase or sale. The Form 4 describes it as payment of tax liability by delivering 1,744 shares of common stock, coded “F,” leaving Wagner with 47,042 directly held shares.