Key facts
- This page summarizes David DeStefano's Form 4 filing for Vertex, Inc. (VERX).
- 6 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 27 Feb 2024, 16:24.
David DeStefano - 23 Feb 2024 Form 4 Insider Report for Vertex, Inc. (VERX)
- Reporting relationship
- PRESIDENT & CEO, Director
- Issuer ticker
- VERX
- Reported as of
- 23 Feb 2024
- Net transaction value
- -$2,516,219
- SEC form
- 4
- Accepted by SEC
- 27 Feb 2024, 16:24:03 UTC
- Prior SEC filing
- 26 Feb 2024
- Next SEC filing
- 04 Mar 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Lisa Coleman, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
David DeStefano filed Form 4 for Vertex, Inc. (VERX) on 27 Feb 2024.
Change
- Previous filing in this sequence was filed on 26 Feb 2024.
- Current net transaction value: -$2,516,219.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
VERX
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +101,395
- Change %
- +26%
- Price
- $0.000000
- Shares after
- 493,585
- Date
- 23 Feb 2024
- Ownership
- Direct
VERX
transaction
Class A Common Stock
Tax liability
- Transaction value
- $1,135,597
- Shares
- -45,957
- Change %
- -9.3%
- Price
- $24.71
- Shares after
- 447,628
- Date
- 23 Feb 2024
- Ownership
- Direct
VERX
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +109,233
- Change %
- +24%
- Price
- $0.000000
- Shares after
- 556,861
- Date
- 24 Feb 2024
- Ownership
- Direct
VERX
transaction
Class A Common Stock
Tax liability
- Transaction value
- $1,380,622
- Shares
- -55,873
- Change %
- -10%
- Price
- $24.71
- Shares after
- 500,988
- Date
- 24 Feb 2024
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
VERX
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -101,395
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 304,186
- Date
- 23 Feb 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 101,395
- Exercise price
- Footnotes
- F1, F2
VERX
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -109,233
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 218,465
- Date
- 24 Feb 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 109,233
- Exercise price
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
Footnote F2
The remaining restricted stock units will vest in three equal annual installments on each of February 23, 2025 and February 23, 2026 and February 23, 2027 and have no expiration date.
Footnote F3
The remaining restricted stock units will vest in two equal annual installments on each of February, 24, 2025 and February 24, 2026 and have no expiration date.