Vertex EVP receives stock award, covers tax with shares
Vertex Pharmaceuticals executive Charles F. Wagner Jr., EVP, Chief Operating Officer and Chief Financial Officer, reported two stock transactions involving the company’s common stock.
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Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Charles F. Wagner Jr., EVP, Chief Operating Officer and Chief Financial Officer, reported two stock transactions involving the company’s common stock. He received a grant of 7,365 restricted stock units, described as an award that vests in installments beginning on February 20, 2027. This award increased his directly held shares to 51,080 immediately after the grant.
On the same date, Wagner had 2,294 shares of common stock disposed of at $483.75 per share in a transaction coded as a tax-withholding disposition to satisfy tax obligations by delivering securities. After this withholding transaction, his direct ownership stood at 48,786 shares of Vertex common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,365 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,294 | $483.75 | $1.11M |
Footnotes (1)
- F1. Restricted stock unit award that vests in installments beginning on February 20, 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Vertex (VRTX) executive Charles F. Wagner Jr. report in this Form 4?
How many Vertex (VRTX) restricted stock units were granted to Charles F. Wagner Jr.?
When do the new Vertex (VRTX) restricted stock units granted to Wagner begin vesting?
What roles does Charles F. Wagner Jr. hold at Vertex (VRTX) in this insider filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.