Vertex Pharmaceuticals (VRTX) EVP and CMO sells 1,745 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vertex Pharmaceuticals EVP and CMO Carmen Bozic sold 1,745 shares of common stock in an open-market transaction at $450 per share. The sale on June 5, 2026 was made under a company-approved Rule 10b5-1 trading plan. After the sale, she directly holds 21,015 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,745 shares ($785,250)
Net Sell
1 txn
Insider
Bozic Carmen
Role
EVP and CMO
Sold
1,745 shs ($785K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,745 | $450.00 | $785K |
Holdings After Transaction:
Common Stock — 21,015 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,745 shares
Sale price: $450.00 per share
Shares held after sale: 21,015 shares
+1 more
4 metrics
Shares sold
1,745 shares
Open-market sale on June 5, 2026
Sale price
$450.00 per share
Common stock transaction
Shares held after sale
21,015 shares
Direct ownership post-transaction
Net shares sold
1,745 shares
Net-sell direction in filing summary
Key Terms
Rule 10b5-1, open-market sale, Common Stock, Form 4
4 terms
Rule 10b5-1 regulatory
"Transaction made pursuant to Dr. Bozic's company approved trading plan under Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
open-market sale financial
"transaction_action: "open-market sale" for the common stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" in the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Vertex Pharmaceuticals (VRTX) report for Carmen Bozic?
Vertex Pharmaceuticals reported that EVP and CMO Carmen Bozic sold 1,745 shares of common stock. The open-market sale occurred at $450 per share, and was executed under a pre-established Rule 10b5-1 trading plan approved by the company.
What role does Carmen Bozic hold at Vertex Pharmaceuticals (VRTX)?
Carmen Bozic serves as Executive Vice President and Chief Medical Officer at Vertex Pharmaceuticals. The Form 4 identifies her as an officer of the company, clarifying that this open-market sale reflects trading activity by a senior executive with direct share ownership.