Verastem CEO share sale for RSU tax withholding
Verastem, Inc. reported an insider share sale by its President and CEO, Dan Paterson.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,321 | $7.16 | $74K |
Footnotes (1)
- F1. The sale reported on this Form 4 represents shares sold by the Reporting Person to satisfy statutory withholding requirements in connection with the vesting of restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.