Vertex (VRTX) EVP disposes 1,903 shares in tax-withholding Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Edward Morrow Atkinson III reported a tax-related share disposition. On February 13, 2026, he disposed of 1,903 shares of Vertex common stock at $487.76 per share as a tax-withholding disposition and now directly holds 20,143 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Atkinson Edward Morrow III
Role
EVP, Chief Technical Ops. Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,903 | $487.76 | $928K |
Holdings After Transaction:
Common Stock — 20,143 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Vertex (VRTX) report for Edward Morrow Atkinson III?
Vertex reported that EVP Edward Morrow Atkinson III disposed of 1,903 shares of common stock. The transaction was a tax-withholding disposition tied to equity compensation, rather than an open-market sale, and was executed at $487.76 per share on February 13, 2026.
What is Edward Morrow Atkinson III’s role at Vertex (VRTX) in this Form 4?
Edward Morrow Atkinson III is identified as an officer of Vertex, serving as EVP, Chief Technical Ops. Officer. The Form 4 reflects his personal holdings and a tax-withholding transaction involving Vertex common stock on February 13, 2026.
Was the Vertex (VRTX) insider transaction a sale on the open market?
No, the transaction is coded as “F,” a tax-withholding disposition rather than an open-market sale. Shares were delivered to satisfy tax liabilities associated with equity compensation, so it does not represent a discretionary buy or sell decision.
What transaction code is used in the Vertex (VRTX) Form 4 and what does it mean?
The Form 4 uses transaction code “F,” described as payment of exercise price or tax liability by delivering securities. Here it indicates a tax-withholding disposition, where 1,903 shares were used to cover tax obligations instead of being sold on the market.