Form 4: Verastem Director Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Brian M. Stuglik, a director at Verastem, Inc., sold 600 shares of common stock on September 16, 2024, to cover statutory withholding requirements related to the vesting of restricted stock units.
Summary
- On September 16, 2024, Brian M. Stuglik, a director of Verastem, Inc., sold 600 shares of the company's common stock.
- The shares were sold at a price of $2.8 per share.
- The sale was executed to satisfy statutory withholding requirements associated with the vesting of restricted stock units.
- Following the transaction, Stuglik directly owns 96,445 shares of Verastem common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares for tax purposes) and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among company directors and officers.
Key Dates
| Date | Description |
|---|---|
| 09/16/2024 | Date of the stock sale transaction. |
| 09/18/2024 | Date of signature for the Form 4 filing. |
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