Vertex (VRTX) CMO sells 596 shares under Rule 10b5-1 trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Dr. Carmen Bozic, EVP and CMO, sold 596 shares of Common Stock in an open-market transaction. The sale took place on June 26, 2026 at a price of $482.50 per share, for total proceeds of about $287,570.
The transaction was made under a company-approved Rule 10b5-1 trading plan that Dr. Bozic entered into on November 20, 2025, indicating it was pre‑scheduled rather than opportunistic. Following the sale, she directly owns 15,337 shares of Vertex common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 596 shares ($287,570)
Net Sell
1 txn
Insider
Bozic Carmen
Role
EVP and CMO
Sold
596 shs ($288K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 596 | $482.50 | $288K |
Holdings After Transaction:
Common Stock — 15,337 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 596 shares
Sale price: $482.50 per share
Transaction value: $287,570
+1 more
4 metrics
Shares sold
596 shares
Open-market sale on June 26, 2026
Sale price
$482.50 per share
Common Stock transaction price
Transaction value
$287,570
Approximate proceeds from selling 596 shares
Shares owned after sale
15,337 shares
Direct ownership following the transaction
Key Terms
Rule 10b5-1, open-market sale, Common Stock, Form 4
4 terms
Rule 10b5-1 regulatory
"company approved trading plan under Rule 10b5-1, which was entered into on 11/20/2025"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Vertex (VRTX) report for Dr. Carmen Bozic?
Vertex reported that Dr. Carmen Bozic, EVP and CMO, sold 596 shares of Common Stock. The shares were sold in an open-market transaction at $482.50 per share, and she continues to hold 15,337 shares directly afterward.
How large was Dr. Carmen Bozic’s recent VRTX stock sale?
Dr. Bozic sold 596 Vertex shares at $482.50 each, totaling roughly $287,570. This represents only a small portion of her holdings, as she still directly owns 15,337 shares of Vertex common stock following the transaction.
Was the latest VRTX insider sale by Dr. Bozic under a Rule 10b5-1 plan?
Yes. The sale was executed under a company-approved Rule 10b5-1 trading plan entered on November 20, 2025. Such plans pre-schedule trades, making the timing more routine and less reflective of short-term views on Vertex’s stock.
What role does Dr. Carmen Bozic hold at Vertex (VRTX)?
Dr. Carmen Bozic serves as Executive Vice President and Chief Medical Officer at Vertex. Her Form 4 filing shows the recent open-market sale of 596 common shares while retaining 15,337 shares of direct ownership in the company.