Form 4: Verastem CFO Daniel Calkins Sells Shares to Cover Tax Obligations

Daniel Calkins, CFO of Verastem, Inc., sold shares of common stock to cover statutory withholding requirements related to the vesting of restricted stock units.

Summary

• On March 20, 2025, Daniel Calkins, the Chief Financial Officer of Verastem, Inc., sold 65 shares of common stock at a price of $6.89 per share.
• Following this transaction, Mr. Calkins directly owns 86,374 shares of Verastem common stock.
• On March 24, 2025, Mr. Calkins sold 26 shares of common stock at a price of $7.04 per share.
• Following this transaction, Mr. Calkins directly owns 86,348 shares of Verastem common stock.
• The sales were executed to satisfy statutory withholding requirements associated with the vesting of restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to executive stock transactions. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

Executive share sales are a common occurrence, particularly to cover tax obligations related to equity compensation. The filing provides transparency into these transactions.

Stakeholder Impact

• The share sales by the CFO could have a minor impact on shareholders due to the slight dilution of shares, but the impact is likely minimal given the small number of shares involved.

Key Dates

Keywords

Verastem, VSTM, Daniel Calkins, CFO, Form 4, Share Sale, Restricted Stock Units, Statutory Withholding