Vertex Pharmaceuticals (VRTX) director granted 107 deferred stock units
Rhea-AI Filing Summary
Vertex Pharmaceuticals director Bruce I. Sachs reported an automatic grant of deferred stock units tied to his board service. On January 15, 2026, he acquired 107.088 deferred stock units at a reference price of
Each deferred stock unit represents one share of Vertex common stock and will be paid out in common stock at the earliest of Sachs leaving the board, a change of control of the company, or his disability or death. This filing reflects equity-based compensation rather than an open-market stock purchase or sale.
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FAQ
What insider transaction did Vertex (VRTX) report for Bruce I. Sachs?
Vertex reported that director Bruce I. Sachs acquired 107.088 deferred stock units on January 15, 2026 as part of his equity compensation.
How many Vertex deferred stock units does Bruce I. Sachs hold after this Form 4?
After the reported transaction, Bruce I. Sachs beneficially owns 15,564.521 deferred stock units of Vertex Pharmaceuticals common stock.
What does each Vertex deferred stock unit reported by Bruce I. Sachs represent?
Each deferred stock unit represents one share of Vertex common stock and is settled in common stock when payout conditions are met.
When will Bruce I. Sachs deferred stock units in Vertex be paid out?
The units are paid out in common stock upon the earliest of termination of Sachs board service, a change of control of Vertex, or his disability or death.
Was the Vertex Sachs transaction a purchase or sale in the open market?
No. The Form 4 shows an acquisition (code "A") of deferred stock units as equity compensation, not an open-market stock purchase or sale.
Is Bruce I. Sachs a 10% owner of Vertex Pharmaceuticals?
No. The filing identifies him as a director of Vertex Pharmaceuticals and does not mark him as a 10% owner.