Vertex Pharmaceuticals (VRTX) grants EVP 7,365 RSUs, withholds 2,294 shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
WAGNER CHARLES F JR
Role
EVP, CO & FO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,365 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,294 | $483.75 | $1.11M |
Holdings After Transaction:
Common Stock — 51,080 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did Vertex (VRTX) executive Charles F. Wagner Jr. report in this Form 4?
Charles F. Wagner Jr. reported receiving a grant of 7,365 restricted stock units and a related tax-withholding share disposition of 2,294 Vertex common shares, both dated February 17, 2026, affecting his directly owned share balance.
How many Vertex (VRTX) restricted stock units were granted to Charles F. Wagner Jr.?
He was granted 7,365 restricted stock units of Vertex common stock. According to the filing, this award will vest in installments beginning on February 20, 2027, providing him future share delivery as vesting conditions are met over time.
When do the new Vertex (VRTX) restricted stock units granted to Wagner begin vesting?
The restricted stock unit award begins vesting on February 20, 2027. The filing notes that the RSUs vest in installments starting on that date, meaning Wagner’s right to receive underlying shares will accrue over a future vesting schedule.
What roles does Charles F. Wagner Jr. hold at Vertex (VRTX) in this insider filing?
The filing identifies Charles F. Wagner Jr. as an officer of Vertex, serving as Executive Vice President, Chief Operating Officer and Chief Financial Officer. These positions explain why his equity awards and related tax transactions are reported on Form 4.