Vertex EVP uses shares to cover tax liability
Vertex Pharmaceuticals executive Charles F. Wagner Jr. reported a tax-related share disposition.
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Charles F. Wagner Jr. reported a tax-related share disposition. On February 10, 2026, he transferred 3,045 shares of Vertex common stock at $468.41 per share under code F, which reflects payment of tax liability by delivering shares.
After this transaction, Wagner directly beneficially owned 48,280 shares of Vertex common stock. The filing characterizes the move as a tax-withholding disposition rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 3,045 shares
Exercise Price or Tax Liability
1 txn
Insider
WAGNER CHARLES F JR
Role
EVP, CO & FO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,045 | $468.41 | $1.43M |
Holdings After Transaction:
Common Stock — 48,280 shares (Direct)
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Vertex Pharmaceuticals (VRTX) report for Charles F. Wagner Jr.?
Vertex reported that executive Charles F. Wagner Jr. used 3,045 common shares to satisfy tax obligations. The shares were valued at $468.41 each, and the transaction was coded F, indicating payment of tax liability by delivering securities rather than an open-market trade.
Was the Vertex (VRTX) insider transaction a market sale or tax withholding event?
The transaction was a tax-withholding event, not an open-market sale. It is coded F, meaning payment of exercise price or tax liability by delivering securities, indicating shares were used to cover obligations associated with equity compensation.
What role does Charles F. Wagner Jr. hold at Vertex Pharmaceuticals (VRTX)?
Charles F. Wagner Jr. is reported as an officer of Vertex with the title "EVP, CO & FO." This indicates he is an executive vice president with senior operating and financial responsibilities within the company’s leadership team, as disclosed in the insider report.
AI-generated analysis. How Rhea-AI works. Not financial advice.