Form 4: Vertex, Inc. CEO David DeStefano Reports Stock Transaction
SEC Form 4 Filing
David DeStefano, President & CEO of Vertex, Inc., reports the disposition of 210,084 shares of Class A Common Stock on October 30, 2024, resulting in a beneficial ownership of 491,397 shares.
Summary
- On October 30, 2024, David DeStefano, the President & CEO of Vertex, Inc., disposed of 210,084 shares of Class A Common Stock.
- The transaction was a disposition (D) at a price of $0.
- Following the transaction, DeStefano beneficially owns 491,397 shares of Class A Common Stock, which includes 118 shares acquired through the Company's Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard SEC filing reporting a stock transaction. The transaction itself doesn't necessarily indicate positive or negative sentiment about the company's future.
Positives
- The reporting person acquired 118 shares through the company's Employee Stock Purchase Plan.
Industry Context
This is a routine disclosure of a transaction by a company insider, as required by SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 10/30/2024 | Date of stock transaction (disposition of shares). |
| 11/01/2024 | Date of signature on the Form 4 filing. |
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