Form 4: Vertex Inc. General Counsel Bryan T.R. Rowland Reports Changes in Beneficial Ownership

General Counsel Bryan T.R. Rowland of Vertex, Inc. reports transactions involving Class A Common Stock and Restricted Stock Units on February 21, 2025.

Summary

• On February 21, 2025, Bryan T.R. Rowland, General Counsel of Vertex, Inc., reported changes in beneficial ownership.
• These changes involve transactions in Class A Common Stock and Restricted Stock Units.
• Rowland acquired 4,132 shares of Class A Common Stock through the vesting of Restricted Stock Units and disposed of 1,136 shares to cover tax obligations at a price of $44.21 per share.
• Additionally, Rowland acquired 6,429 shares of Class A Common Stock through the vesting of Restricted Stock Units and disposed of 1,768 shares to cover tax obligations at a price of $44.21 per share.
• Following these transactions, Rowland directly owns 10,627 shares of Class A Common Stock and 12,857 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a neutral report of insider transactions, with no inherent positive or negative implications for the company's performance.

Future Outlook

The remaining restricted stock units will vest in annual installments on February 22, 2026, February 22, 2027, and February 22, 2028, and on February 23, 2026 and February 23, 2027.

Industry Context

This filing is a routine disclosure of insider transactions, which are common and legally required for corporate officers and directors.

Stakeholder Impact

• Shareholders are informed about insider transactions, providing transparency into management's actions.

Key Dates