Verastem (VSTM) CEO Dan Paterson sells shares for RSU tax withholding
Rhea-AI Filing Summary
Verastem, Inc. reported an insider share sale by its President and CEO, Dan Paterson. On January 12, 2026, he sold 10,321 shares of Verastem common stock at a price of $7.16 per share.
According to the disclosure, this sale was made to satisfy statutory tax withholding requirements tied to the vesting of restricted stock units, meaning it was connected to equity compensation rather than an open-market discretionary sale. After this transaction, Paterson beneficially owned 400,104 shares of Verastem common stock directly.
Positive
- None.
Negative
- None.
FAQ
Who is the insider involved in the latest Verastem (VSTM) Form 4 filing?
The filing reports a transaction by Dan Paterson, who is both a director and the President and CEO of Verastem, Inc.
How many Verastem (VSTM) shares did Dan Paterson sell and at what price?
On January 12, 2026, Dan Paterson sold 10,321 shares of Verastem common stock at a price of $7.16 per share.
Why did Verastem CEO Dan Paterson sell shares according to the Form 4?
The Form 4 footnote explains that the sale represents shares sold by the reporting person to satisfy statutory withholding requirements in connection with the vesting of restricted stock units.
How many Verastem (VSTM) shares does Dan Paterson own after the reported transaction?
Following the reported sale, Dan Paterson beneficially owned 400,104 shares of Verastem common stock in direct ownership.
What type of transaction code is shown in this Verastem (VSTM) Form 4 filing?
The transaction is coded as "S", indicating a sale of common stock as a non-derivative security.
Is the Verastem Form 4 transaction related to derivative securities or options?
The provided Form 4 excerpt lists activity only in Table I for common stock, and Table II for derivative securities shows no reported transactions.