Verastem (VSTM) CEO sells shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Verastem, Inc. President and CEO Dan Paterson reported a small sale of company stock tied to tax withholding. On February 4, 2026, he sold 970 shares of common stock at $6.69 per share to satisfy statutory withholding for vested restricted stock units.
After this transaction, Paterson directly held 612,919 shares of Verastem common stock, indicating he retains a substantial equity stake despite the routine tax-related sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 970 shares ($6,489)
Net Sell
1 txn
Insider
Paterson Dan
Role
President and CEO
Sold
970 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 970 | $6.69 | $6K |
Holdings After Transaction:
Common Stock — 612,919 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Verastem (VSTM) report on this Form 4?
Verastem reported that President and CEO Dan Paterson sold 970 shares of common stock. The sale occurred on February 4, 2026, and was executed at $6.69 per share in connection with statutory withholding on vested restricted stock units.
What price and total value were involved in the Verastem (VSTM) insider sale?
The reported Verastem insider sale was executed at $6.69 per share for 970 shares. This implies a transaction value of roughly $6,489, reflecting a relatively small trade made specifically to cover tax withholding obligations on vested equity awards.
Was the Verastem (VSTM) CEO’s Form 4 sale a direct or indirect holding change?
The Form 4 lists the transaction as affecting a direct holding, marked with ownership form “D.” There is no indication of trusts or other entities, so the 970 shares sold and 612,919 shares remaining are reported as directly held by Dan Paterson.