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 the acquisition and disposal of Class A Common Stock and Restricted Stock Units on February 21, 2025.
Summary
- On February 21, 2025, Leib Ryan J., Chief Accounting Officer of Vertex, Inc., engaged in transactions involving the company's stock.
- Leib Ryan J. acquired 4,035 shares of Class A Common Stock upon the vesting of Restricted Stock Units.
- Simultaneously, 1,150 shares were disposed of at a price of $44.21.
- Following these transactions, Leib Ryan J. directly owns 5,755 shares of Class A Common Stock.
- Leib Ryan J. also holds 12,106 Restricted Stock Units, which vest in three equal annual installments starting February 22, 2026.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating neutral sentiment as it simply reports transactions.
Future Outlook
The remaining restricted stock units will vest in three equal annual installments on each of February 22, 2026, February 22, 2027 and February 22, 2028.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives holding company stock and stock-based compensation. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding executive compensation and confidence in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of earliest transaction: Acquisition of 4,035 shares of Class A Common Stock and disposal of 1,150 shares. |
| 02/22/2026 | First vesting date for remaining Restricted Stock Units. |
| 02/22/2027 | Second vesting date for remaining Restricted Stock Units. |
| 02/22/2028 | Third vesting date for remaining Restricted Stock Units. |
| 02/25/2025 | Date of signature for the report. |
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