VERX.NASDAQVertex, INC

Form 4: Vertex, Inc. General Counsel Bryan T.R. Rowland Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Bryan T.R. Rowland, General Counsel of Vertex, Inc., reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units on February 10, 2025.

Summary

  • On February 10, 2025, Bryan T.R. Rowland, General Counsel of Vertex, Inc., engaged in transactions involving the company's stock.
  • Rowland acquired 4,088 shares of Class A Common Stock at $0 per share.
  • He also disposed of 1,250 shares of Class A Common Stock at $56.02 per share.
  • Following these transactions, Rowland directly owns 2,970 shares of Class A Common Stock.
  • Rowland also transacted 4,088 Restricted Stock Units, leaving a balance of 4,088 Restricted Stock Units.
  • 132 shares were acquired through the Company's Employee Stock Purchase Plan.
  • The remaining restricted stock units will vest on February 10, 2026.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions by a company insider.

Positives

  • The reporting person continues to hold a significant number of shares and restricted stock units, indicating continued investment in the company's future.

Future Outlook

The remaining restricted stock units will vest on February 10, 2026.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • Shareholders may be interested in the trading activity of company insiders as an indicator of management's confidence in the company.

Key Dates

DateDescription
02/10/2025Date of earliest transaction: acquisition and disposal of Class A Common Stock and Restricted Stock Units.
02/10/2026Date the remaining restricted stock units will vest.
02/12/2025Date of signature by Attorney-in-Fact.

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