DESTEFANO DAVID (President & CEO) exercised options at VERTEX, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
Class A Common Stock
Shares
+69.53K
Price / share
—
Trade value
—
% of position
Class A Common Stock
Shares
−32.28K
Price / share
$44.21
Trade value
$1.43M
% of position
Class A Common Stock
Shares
+101.39K
Price / share
—
Trade value
—
% of position
Class A Common Stock
Shares
−51.86K
Price / share
$44.21
Trade value
$2.29M
% of position
Net shares
+86.78K
Net value
-$3.72M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 2/21/2025 | M · Option Exercise | +69.53K | — | — | 10.9% | 637.24K | 706.76K |
| Class A Common Stock Direct | 2/21/2025 | F · Tax Withholding | −32.28K | $44.21 | $1.43M | 4.6% | 706.76K | 674.49K |
| Class A Common Stock Direct | 2/21/2025 | M · Option Exercise | +101.39K | — | — | 15.0% | 674.49K | 775.88K |
| Class A Common Stock Direct | 2/21/2025 | F · Tax Withholding | −51.86K | $44.21 | $2.29M | 6.7% | 775.88K | 724.02K |
| Total | +86.78K | -$3.72M | ||||||
Restricted Stock Units
Class A Common Stock
69.53K shares
Shares
−69.53K
Strike price
Held after
208.58K
Exercisable
—
Restricted Stock Units
Class A Common Stock
101.39K shares
Shares
−101.39K
Strike price
Held after
202.79K
Exercisable
—
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Class A Common Stock69.53K shares | 2/21/2025 | M · Option Exercise | −69.53K | — | 208.58K | |
| Restricted Stock Units Direct | Class A Common Stock101.39K shares | 2/21/2025 | M · Option Exercise | −101.39K | — | 202.79K |
Class A Common Stock
Indirect| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Common Stock | 204.03K | Indirect |
| Total | 204.03K | 204.03K indirect |