Vertex director Alan M. Garber receives stock award
The units are payable in common stock at the earliest of board-service termination, a change of control, disability or death.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Vertex Pharmaceuticals Inc. director Alan M. Garber received an award of 29.2720 deferred stock units on October 15, 2026. Each unit represents one share of common stock and is paid in common stock upon the earliest of Dr. Garber’s board-service termination, a change of control, disability or death. His reported position after the award was 94.7300 deferred stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units F1 | 29.272 | $512.44 | $15K |
Footnotes (1)
- F1. Each deferred stock unit represents one share of common stock and is paid out in common stock upon the earliest to occur of (i) termination of Dr. Garber's service on our board of directors, (ii) a change of control of our company and (iii) Dr. Garber's disability or death.
Key Figures
Key Terms
Deferred Stock Units financial
change of control financial
termination of service financial
FAQ
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How many deferred stock units did VRTX director Alan M. Garber receive?
When are Alan M. Garber’s VRTX deferred stock units paid?
AI-generated analysis. How Rhea-AI works. Not financial advice.