Verastem insider Form 4 shows 6,250-share sale and option exercise
Rhea-AI Filing Summary
Verastem, Inc. (VSTM) director reports option exercise and share sale. On 11/21/2025, the reporting person exercised stock options for 6,250 shares of common stock at an exercise price of $3.27 per share and sold 6,250 common shares at a weighted average price of $10.00 per share under a Rule 10b5-1 trading plan. Following these transactions, the reporting person held 2,083 shares of Verastem common stock directly and 6,250 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (right to buy) | 6,250 | $0.00 | -- |
| Sale | Common Stock | 6,250 | $10.00 | $63K |
| Exercise | Common Stock | 6,250 | $3.27 | $20K |
Footnotes (1)
- The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $10.00 through $10.01, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth herein. The stock option vested in twelve equal installments (rounded down to the nearest whole share on each vesting date except with respect to the final vesting date on which the remaining unvested portion vested). The first eleven installments vested beginning on the last day of the month over the period from June, 2024 to April, 2025 and the last installment vested on the day before the 2025 Annual Meeting of Stockholders.
FAQ
What insider transaction did Verastem (VSTM) report on this Form 4?
The filing reports that a director of Verastem exercised stock options for 6,250 shares of common stock and sold 6,250 shares of common stock on 11/21/2025.
Was the Verastem (VSTM) insider sale made under a Rule 10b5-1 trading plan?
Yes. The explanation states that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
What is the position of the reporting person at Verastem (VSTM)?
The reporting person is identified as a director of Verastem, Inc.
What are the key terms of the Verastem (VSTM) stock option in this Form 4?
The derivative security is a stock option (right to buy) with an exercise price of $3.27 per share, covering 6,250 shares of common stock, and an expiration date of 06/18/2034.
How did the Verastem (VSTM) stock option vest for this insider?
The stock option vested in twelve equal installments, with the first eleven installments vesting on the last day of the month from June 2024 to April 2025, and the final installment vesting on the day before the 2025 Annual Meeting of Stockholders.