Vertex (VRTX) EVP Sachdev sells shares and reports trust, 401(k) holdings
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Amit Sachdev reported share sales and related tax withholding transactions. On February 25, 2026, he completed an open-market sale of 1,846 shares of common stock at $486.35 per share, leaving him with 55,570 directly held shares.
On February 24, 2026, he disposed of 1,518 shares of common stock at $485.11 per share to cover tax obligations by delivering shares. He also reported indirect holdings of 882 shares in a 401(k) plan and 9,301 shares held in a trust. The filing notes that the sale was made under a company-approved Rule 10b5-1 trading plan entered into on November 18, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,364 shares
Net Sell
4 txns
Insider
Sachdev Amit
Role
EVP Chief Patient & Ext Af Off
Sold
1,846 shs ($898K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,846 | $486.35 | $898K |
| Exercise Price or Tax Liability | Common Stock | 1,518 | $485.11 | $736K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 55,570 shares (Direct);
Common Stock — 882 shares (Indirect, 401(k));
Common Stock — 9,301 shares (Indirect, Held in Trust)
Footnotes (1)
- F1. Transaction made pursuant to Mr. Sachdev's company approved trading plan under Rule 10b5-1, which was entered into on 11/18/2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Vertex (VRTX) executive Amit Sachdev report?
Amit Sachdev reported selling 1,846 shares of Vertex common stock at $486.35 per share in an open-market trade. The transaction occurred on February 25, 2026 under a pre-established Rule 10b5-1 trading plan approved by the company.
What is the nature of the indirect Vertex (VRTX) holdings reported by Amit Sachdev?
The filing lists two types of indirect holdings for Amit Sachdev. It reports 882 Vertex common shares in a 401(k) account and 9,301 shares held in a trust, indicating retirement-plan and trust-based ownership in addition to his directly held shares.