Key facts
- This page summarizes Jeffrey Westphal's Form 4 filing for Vertex, Inc. (VERX).
- 9 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 11 Jun 2025, 15:21.
Jeffrey Westphal - 09 Jun 2025 Form 4 Insider Report for Vertex, Inc. (VERX)
- Reporting relationship
- Other*
- Issuer ticker
- VERX
- Reported as of
- 09 Jun 2025
- Net transaction value
- -$115,350,000
- SEC form
- 4
- Accepted by SEC
- 11 Jun 2025, 15:21:46 UTC
- Prior SEC filing
- 03 Jan 2025
- Next SEC filing
- 18 Feb 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Anton Pamer, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Jeffrey Westphal filed Form 4 for Vertex, Inc. (VERX) on 11 Jun 2025.
Change
- Previous filing in this sequence was filed on 03 Jan 2025.
- Current net transaction value: -$115,350,000.
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.
Reporting Owners (1)
CIK 0001818851
Primary reporting owner
Westphal Jeffrey
- Relationship
- Other*
- Address
- C/O VERTEX, INC., 2301 RENAISSANCE BLVD, KING OF PRUSSIA
- Signature
- /s/ Anton Pamer, Attorney-in-Fact
- Signature date
- 11 Jun 2025
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
VERX
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +1,514,000
- Change %
- Price
- $0.000000
- Shares after
- 1,514,000
- Date
- 09 Jun 2025
- Ownership
- By The 2009 Jeffrey R. Westphal Generation Skipping Trust
VERX
transaction
Class A Common Stock
Sale
- Transaction value
- $58,213,300
- Shares
- -1,514,000
- Change %
- -100%
- Price
- $38.45
- Shares after
- 0
- Date
- 09 Jun 2025
- Ownership
- By The 2009 Jeffrey R. Westphal Generation Skipping Trust
- Footnotes
- F2
VERX
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +1,153,756
- Change %
- Price
- $0.000000
- Shares after
- 1,153,756
- Date
- 09 Jun 2025
- Ownership
- By Rainer J. Westphal 2007 Separate Exempt Trust FBO Jeffrey Westphal
VERX
transaction
Class A Common Stock
Sale
- Transaction value
- $44,361,918
- Shares
- -1,153,756
- Change %
- -100%
- Price
- $38.45
- Shares after
- 0
- Date
- 09 Jun 2025
- Ownership
- By Rainer J. Westphal 2007 Separate Exempt Trust FBO Jeffrey Westphal
- Footnotes
- F2
VERX
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +332,244
- Change %
- Price
- $0.000000
- Shares after
- 332,244
- Date
- 09 Jun 2025
- Ownership
- By Rainer J. Westphal 2007 Separate Non-Exempt Trust FBO Jeffrey Westphal
VERX
transaction
Class A Common Stock
Sale
- Transaction value
- $12,774,782
- Shares
- -332,244
- Change %
- -100%
- Price
- $38.45
- Shares after
- 0
- Date
- 09 Jun 2025
- Ownership
- By Rainer J. Westphal 2007 Separate Non-Exempt Trust FBO Jeffrey Westphal
- Footnotes
- F2
VERX
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 7,895
- Date
- 09 Jun 2025
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
VERX
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -1,514,000
- Change %
- -57%
- Price
- $0.000000
- Shares after
- 1,125,927
- Date
- 09 Jun 2025
- Ownership
- By The 2009 Jeffrey R. Westphal Generation Skipping Trust
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,514,000
- Exercise price
- Footnotes
- F1
VERX
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -1,153,756
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Jun 2025
- Ownership
- By Rainer J. Westphal 2007 Separate Exempt Trust FBO Jeffrey Westphal
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,153,756
- Exercise price
- Footnotes
- F1
VERX
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -332,244
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 09 Jun 2025
- Ownership
- By Rainer J. Westphal 2007 Separate Non-Exempt Trust FBO Jeffrey Westphal
- Underlying class
- Class A Common Stock
- Underlying amount
- 332,244
- Exercise price
- Footnotes
- F1
VERX
holding
Derivative
Class B Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 388,000
- Date
- 09 Jun 2025
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 388,000
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
The Class B Common Stock is convertible at any time at the option of the holder into one share of the Issuer's Class A Common Stock and has no expiration date. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis either (i) upon any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions or (ii) if the voting power of the Issuer's outstanding Class B Common Stock represents less than 10% of the combined voting power of all of the Issuer's outstanding common stock.
Footnote F2
The reported securities were sold in a block sale at a per share price of $38.45.
SEC remarks
By virtue of being party to a certain Third Amended and Restated Stockholders' Agreement (the "Stockholders'Agreement"), the Reporting Person may be deemed to be a member of a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), with respect to the securities reported herein with the other parties who are bound by the Stockholders'Agreement, which such "group" beneficially owns, in the aggregate, in excess of 10% of the outstanding shares of common stock of the Issuer. The Reporting Person disclaims beneficial ownership of any securities owned by any of the other signatories to the Stockholders'Agreement and the filing of this Form 4 shall not be deemed an admission, for purposes of Section 16 of the Exchange Act or otherwise, that the Reporting Person and any other person or persons constitute a "group" for purposes of Section 13(d)(3) of the Exchange Act or Rule 13d-5 thereunder. The Reporting Person does not have any pecuniary interest in any of the securities beneficially owned by any of the other signatories to the Stockholders'Agreement.