Verastem CFO sells 2,566 shares for tax withholding
The chief financial officer's reported sale satisfied statutory withholding requirements tied to RSU vesting under a Rule 10b5-1 plan.
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Rhea-AI Filing Summary
Verastem, Inc. Chief Financial Officer Daniel Calkins reported an award-related acquisition of 8,333 common shares on September 30, 2026. A footnote separately states that 106,893 performance RSUs vested that day after the Compensation Committee determined that performance criteria tied to certain clinical development goals had been achieved. On October 1, Calkins sold 2,566 shares at $8.00 per share to satisfy statutory withholding requirements connected with RSU vesting. The transactions were reported under a Rule 10b5-1 plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 2,566 | $8.00 | $21K |
| Grant/Award | Common Stock F1 | 8,333 | $0.00 | $0.00 |
Footnotes (2)
- F1. The reported securities were subject to a performance restricted stock units ("RSU") award that was granted on January 21, 2026. 106,893 RSUs vested on September 30, 2026, upon the Issuer's Compensation Committee of the board of directors determining the performance criteria related to certain clinical development goals had been achieved.
- F2. 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 RSUs.
Key Figures
Key Terms
performance restricted stock units financial
statutory withholding requirements financial
clinical development goals medical
FAQ
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How many Verastem RSUs vested, and what triggered vesting?
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