STOCK TITAN

Verastem (VSTM) insider sale notice: 21,492 shares reported for resale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Verastem Inc. submitted a Form 144 notice reporting a proposed resale of 21,492 shares of Common Stock originally issued as vested Restricted Stock Units dated 12/15/2021. The filing lists Robert Gagnon as the seller and shows 20,103 shares sold in the past three months.

Positive

  • None.

Negative

  • None.

Insights

Form 144 is a resale notice; it documents a proposed sale of stock by an insider.

The filing lists a proposed sale of 21,492 shares of Common Stock tied to vested Restricted Stock Units dated 12/15/2021. It also reports 20,103 shares sold in the prior three months by the same seller.

Cash‑flow treatment and specific sale mechanics are not detailed in the excerpt; subsequent transaction reports will state execution details and proceeds.

Shares proposed for resale 21,492 shares listed in Securities To Be Sold section
Shares sold in past three months 20,103 shares Securities Sold During The Past 3 Months
Vesting date 12/15/2021 Vested Restricted Stock Units date
Seller name Robert Gagnon Listed as reporting seller with address
Amount shown (securities to be sold) $90,481.32 numeric field adjacent to Securities To Be Sold in excerpt
Amount shown (past 3 months) $84,835.67 numeric field adjacent to Securities Sold During The Past 3 Months
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Units financial
"Vested Restricted Stock Units dated 12/15/2021"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Securities To Be Sold regulatory
"144: Securities To Be Sold"
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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Verastem's Form 144 report about the number of shares being offered (VSTM)?

The Form 144 reports a proposed resale of 21,492 shares of Common Stock. The shares are identified as issued under vested Restricted Stock Units dated 12/15/2021.

Who is the reporting seller on the Verastem (VSTM) Form 144?

Robert Gagnon is listed as the reporting seller with an address at 117 Kendrick St Suite 500, Needham MA 02494 in the filing excerpt supplied.

Does the Form 144 show recent sales by the same seller for Verastem (VSTM)?

Yes; the filing shows 20,103 shares were sold during the past three months, with an associated figure of 84835.67 shown in the excerpt for that period.

Are the shares tied to a specific award or grant in the Verastem (VSTM) filing?

The filing links the shares to Vested Restricted Stock Units with a vesting date of 12/15/2021, as stated in the securities information section of the excerpt.