Vertex Pharmaceuticals (VRTX) SVP nets 2,195-share sale and 1,809-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals executive Kristen Ambrose reported several stock transactions involving company common shares. She received a grant of 1,809 shares as a restricted stock unit award that will vest in installments beginning on February 20, 2027. On the same date, 598 shares were disposed of to cover tax obligations at a price of $483.75 per share, and 1,557 shares were sold in open-market transactions at $489.46 per share. On the following day, she sold an additional 638 shares at $473.68 per share under a company-approved Rule 10b5-1 trading plan that was entered into on August 8, 2025, leaving her with 7,750 directly owned shares after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,195 shares ($1,064,297)
Net Sell
4 txns
Insider
Ambrose Kristen
Role
SVP & Chief Accounting Officer
Sold
2,195 shs ($1.06M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 638 | $473.68 | $302K |
| Grant/Award | Common Stock | 1,809 | $0.00 | -- |
| Tax Withholding | Common Stock | 598 | $483.75 | $289K |
| Sale | Common Stock | 1,557 | $489.46 | $762K |
Holdings After Transaction:
Common Stock — 7,750 shares (Direct)
Footnotes (1)
- Restricted stock unit award that vests in installments beginning on February 20, 2027. Transaction made pursuant to Ms. Ambrose's company approved trading plan under Rule 10b5-1, which was entered into on 08/08/2025.
FAQ
What insider transactions did Kristen Ambrose report for Vertex Pharmaceuticals (VRTX)?
Kristen Ambrose reported a mix of acquisitions and disposals of Vertex common stock. She received a 1,809-share restricted stock unit award, had 598 shares withheld for taxes, and sold 1,557 and 638 shares in separate open-market transactions, all reported as directly held.
What stock award did Kristen Ambrose receive from Vertex Pharmaceuticals (VRTX)?
She received a restricted stock unit award covering 1,809 shares of Vertex common stock. The award is scheduled to vest in installments beginning on February 20, 2027, aligning ongoing equity compensation with her role as SVP and Chief Accounting Officer at the company.
What is the significance of the Rule 10b5-1 trading plan in Kristen Ambrose’s Vertex (VRTX) sales?
The filing states that certain sales were made under a pre-approved Rule 10b5-1 trading plan. This plan, entered on August 8, 2025, automatically schedules trades, helping separate the timing of her stock sales from day-to-day, non-public information she may access in her executive role.