What does the zero price per share mean in this Vertex (VERX) Form 4?

The transaction lists a price of $0.0000 per share, indicating Bradley did not pay cash for the 15,638 shares. This is consistent with a compensation-related grant of restricted stock rather than an open-market purchase of Vertex shares.

Vertex (NASDAQ: VERX) director granted 15,638 restricted shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Gayton Bradley M reported acquisition or exercise transactions in this Form 4 filing.

Vertex, Inc. director Gayton Bradley received an equity award of 15,638 shares of Class A Common Stock. The award is structured as restricted stock granted at no cash cost per share, increasing his direct holdings to 68,500 shares after the transaction.

The restricted stock will vest on the earlier of the day immediately before the company’s next annual stockholder meeting or June 10, 2027, tying the award to his continued board service over this period.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gayton Bradley M

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	15,638	$0.00	--

Holdings After Transaction: Class A Common Stock — 68,500 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Restricted stock award: 15,638 shares Price per share: $0.0000 per share Shares held after grant: 68,500 shares +1 more

4 metrics

Restricted stock award 15,638 shares Grant of Class A Common Stock on June 10, 2026

Price per share $0.0000 per share Grant/award acquisition, no cash paid

Shares held after grant 68,500 shares Total direct holdings following the transaction

Latest vesting date June 10, 2027 Restricted stock vests by this date at the latest

Key Terms

Class A Common Stock, restricted stock, annual meeting of the Company's stockholders, Grant, award, or other acquisition

4 terms

Class A Common Stock financial

"security_title: "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

restricted stock financial

"Represents an award of restricted stock that will vest on the earlier"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

annual meeting of the Company's stockholders financial

"the day immediately prior to the date of the next annual meeting of the Company's stockholders"

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 04:20 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gayton Bradley M

(Last)

(First)

(Middle)

C/O VERTEX, INC.

2301 RENAISSANCE BLVD

(Street)

KING OF PRUSSIA

PENNSYLVANIA

19406

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Vertex, Inc. [ VERX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/10/2026		A		15,638⁽¹⁾	A	$0	68,500	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents an award of restricted stock that will vest on the earlier to occur of (i) the day immediately prior to the date of the next annual meeting of the Company's stockholders, and (ii) June 10, 2027.

	/s/ Lisa Coleman, Attorney-in-Fact	06/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Vertex (VERX) director Gayton Bradley report in this Form 4?

Gayton Bradley reported receiving an award of 15,638 shares of Vertex Class A Common Stock. The filing shows this as a grant of restricted stock, increasing his direct holdings to 68,500 shares after the award.

Is the Vertex (VERX) Form 4 transaction a purchase or a grant?

The Form 4 shows a grant, not an open-market purchase. Bradley received 15,638 shares of restricted stock at no cash price per share, classified as a grant, award, or other acquisition rather than a buy transaction.

When do Gayton Bradley’s new Vertex (VERX) restricted shares vest?

The 15,638 restricted shares vest on the earlier of two dates: the day immediately before Vertex’s next annual stockholder meeting, or June 10, 2027. This links the award to his continued service on the board over that timeframe.

How many Vertex (VERX) shares does Gayton Bradley hold after this Form 4?

After the reported grant, Bradley directly holds 68,500 shares of Vertex Class A Common Stock. This total includes the newly awarded 15,638 restricted shares as reflected in the post-transaction ownership figure in the filing.