Vertex (VRTX) EVP and CMO reports 3,804-share tax-withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive reports tax-withholding share disposition. EVP and CMO Carmen Bozic disposed of 3,804 shares of Vertex Pharmaceuticals common stock on a tax-withholding basis at $487.76 per share. After this tax-withholding disposition, she directly holds 38,053 shares of Vertex common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bozic Carmen
Role
EVP and CMO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,804 | $487.76 | $1.86M |
Holdings After Transaction:
Common Stock — 38,053 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Vertex (VRTX) report for Carmen Bozic?
Vertex reported a tax-withholding disposition by EVP and CMO Carmen Bozic. She disposed of 3,804 shares of common stock to cover tax obligations and now directly holds 38,053 Vertex shares following this non-open-market transaction.
Was the Carmen Bozic transaction in Vertex (VRTX) stock an open-market sale?
No, the transaction was a tax-withholding disposition coded “F.” This means shares were withheld or delivered to satisfy tax liabilities, rather than sold by Carmen Bozic in an open-market transaction on an exchange.
What does transaction code “F” mean in the Vertex (VRTX) Form 4 for Carmen Bozic?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 3,804 Vertex shares were disposed of by Carmen Bozic to satisfy tax obligations rather than through a discretionary market sale.