Form 4: Vertex Inc. Executive Leib Ryan J. Reports Stock Transactions
SEC Form 4 Filing
Chief Accounting Officer Leib Ryan J. of Vertex Inc. reports acquisition and disposal of Class A Common Stock and Restricted Stock Units.
Summary
- On January 31, 2025, Leib Ryan J., Chief Accounting Officer of Vertex, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units.
- Leib Ryan J. acquired 4,019 shares of Class A Common Stock at $0 and disposed of 1,281 shares at $57.75.
- Following these transactions, Leib Ryan J. directly owns 2,870 shares of Class A Common Stock and 12,058 Restricted Stock Units.
- The remaining restricted stock units will vest in three equal installments on February 1, 2026, February 1, 2027 and February 1, 2028.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Future Outlook
The remaining restricted stock units will vest in three equal installments on February 1, 2026, February 1, 2027 and February 1, 2028.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- Shareholders are informed about the stock transactions of a key executive, providing transparency into insider activity.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of stock transactions (acquisition and disposal of shares and restricted stock units). |
| 02/01/2026 | First vesting date for remaining restricted stock units. |
| 02/01/2027 | Second vesting date for remaining restricted stock units. |
| 02/01/2028 | Third vesting date for remaining restricted stock units. |
| 02/04/2025 | Date of signature by Attorney-in-Fact. |
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