Verastem CEO withholds 1,299 shares at $9.35 for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verastem (VSTM) disclosed insider transactions by its President and CEO, reported as a director and officer. On 11/03/2025, the reporting person sold 1,299 shares at $9.35 to satisfy statutory tax withholding tied to RSU vesting, and separately sold 2,000 shares at $10.00 pursuant to a Rule 10b5-1 trading plan. Following these transactions, the reporting person beneficially owned 438,818 shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,299 shares ($32,146)
Net Sell
2 txns
Insider
Paterson Dan
Role
President and CEO
Sold
3,299 shs ($32K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,299 | $9.35 | $12K |
| Sale | Common Stock | 2,000 | $10.00 | $20K |
Holdings After Transaction:
Common Stock — 440,818 shares (Direct)
Footnotes (1)
- 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. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
FAQ
What did VSTM disclose in this Form 4?
The President and CEO reported selling 1,299 shares at $9.35 for tax withholding on RSU vesting and 2,000 shares at $10.00 under a Rule 10b5-1 plan on 11/03/2025.
Were any sales made under a pre-arranged plan?
Yes. The 2,000 shares sold at $10.00 were executed under a Rule 10b5-1 trading plan adopted by the reporting person.
What roles does the reporting person hold at Verastem (VSTM)?
The reporting person serves as a Director and as President and CEO.
What was the transaction date for the reported sales?
Both transactions occurred on 11/03/2025.