Verastem (VSTM) CEO sells 393 shares tied to RSU vesting
Rhea-AI Filing Summary
Verastem, Inc. reported that its President and CEO, who also serves as a director, carried out a small sale of company stock. On 12/16/2025, the executive sold 393 shares of Verastem common stock at a price of $9.14 per share. According to the filing, this sale was made to satisfy statutory withholding requirements related to the vesting of restricted stock units, meaning it was tied to equity compensation rather than an open-market portfolio decision. After this transaction, the executive still beneficially owns 410,425 shares of Verastem common stock, held directly.
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FAQ
What insider transaction did Verastem (VSTM) disclose in this Form 4?
Verastem disclosed that its President and CEO, who is also a director, sold 393 shares of common stock on 12/16/2025 at $9.14 per share.
Why did the Verastem (VSTM) CEO sell 393 shares?
The filing states that the 393-share sale was made to satisfy statutory withholding requirements in connection with the vesting of restricted stock units.
How many Verastem (VSTM) shares does the CEO own after this transaction?
Following the reported transaction, the executive beneficially owns 410,425 shares of Verastem common stock, held in direct ownership.
What was the sale price for the Verastem (VSTM) CEO’s shares?
The 393 shares of Verastem common stock were sold at a price of $9.14 per share on 12/16/2025.
Is this Verastem (VSTM) Form 4 filed by more than one reporting person?
No. The document indicates that the Form is filed by one reporting person, not by a group.
What is the Verastem (VSTM) executive’s role mentioned in this filing?
The reporting person is identified as both a Director and an Officer, serving as President and CEO of Verastem, Inc.