Form 4: Item Second Irr. Trust FBO Andrea P. Lucas U/A of Stefanie W. Lucas Dated October 5, 2001 Reports Transaction in Vertex, Inc. (VERX)

Item Second Irr. Trust FBO Andrea P. Lucas U/A of Stefanie W. Lucas Dated October 5, 2001 reports a transaction involving Vertex, Inc. (VERX) Class A Common Stock and Class B Common Stock.

Summary

• On May 20, 2025, Item Second Irr. Trust FBO Andrea P. Lucas u/a of Stefanie W. Lucas dated October 5, 2001 acquired 400,000 shares of Class A Common Stock of Vertex, Inc. for $0.
• Following the transaction, the trust directly owns 400,000 shares of Class A Common Stock.
• The trust also disposed of 400,000 shares of Class B Common Stock on May 20, 2025.
• Following the transaction, the trust directly owns 1,583,967.844 shares of Class B Common Stock.
• The Class B Common Stock is convertible into Class A Common Stock on a 1:1 basis and has no expiration date.
• The Class B Common Stock will automatically convert into Class A Common Stock upon transfer or when the voting power of the Class B Common Stock falls below 10% of the combined voting power.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a change in beneficial ownership. It doesn't inherently convey positive or negative sentiment.

Key Dates

Keywords

Form 4, Beneficial Ownership, Class A Common Stock, Class B Common Stock, Vertex, Inc., VERX, Transaction