Verastem, Inc. (VSTM) CEO sells 1,302 shares to cover RSU taxes
Rhea-AI Filing Summary
Verastem, Inc. President and CEO Dan Paterson reported selling 1,302 shares of common stock on 2026-08-03 at $5.81 per share. According to a footnote, these shares were sold to satisfy statutory withholding requirements related to the vesting of restricted stock units. Following the transaction, he directly owns 589,940 shares of common stock. The transaction is affirmed as conducted under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,302 | $5.81 | $8K |
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.
Key Figures
Key Terms
statutory withholding requirements financial
restricted stock units financial
Rule 10b5-1 regulatory
open market or private transaction financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Verastem (VSTM) report for CEO Dan Paterson?
Verastem reported that CEO Dan Paterson sold 1,302 shares of common stock on 2026-08-03 at $5.81 per share. A footnote states the sale covered statutory tax withholding tied to vesting restricted stock units.
What type of security was involved in the Verastem (VSTM) CEO’s reported transaction?
The transaction involved Verastem Common Stock. The sale related to shares issued upon vesting of restricted stock units, with a portion sold to cover associated tax withholding obligations.