Form 4: Item Second Irr. Trust FBO Anne Marie Westphal Reports Acquisition of 37,000 Vertex, Inc. Shares

Item Second Irr. Trust FBO Anne Marie Westphal, a 13(D) group member, acquired 37,000 shares of Vertex, Inc. Class A Common Stock on December 23, 2024.

Summary

• Item Second Irr. Trust FBO Anne Marie Westphal, a 13(D) group member of Vertex, Inc., reported a transaction on December 23, 2024.
• The trust acquired 37,000 shares of Class A Common Stock.
• The acquisition was made at a price of $0.00 per share.
• Following the transaction, the trust beneficially owns 578,073.706 shares of Vertex, Inc. Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine filing of a share acquisition, which is neither positive nor negative in itself. It is a neutral event.

Industry Context

This filing is a routine disclosure of a change in beneficial ownership by a significant shareholder, which is common in the public markets.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders and significant shareholders in publicly traded companies.
• The transaction is typical of those reported by 13(D) group members, who are required to disclose their holdings and transactions.

Stakeholder Impact

• The transaction increases the trust's stake in Vertex, Inc., which may be of interest to other shareholders.

Key Dates

Keywords

Vertex, Inc., VERX, Item Second Irr. Trust, Anne Marie Westphal, Class A Common Stock, Beneficial Ownership, SEC Form 4, 13(D) Group Member