DESTEFANO DAVID (President & CEO) exercised options at VERTEX, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 2/26/2025ACC: 0001415889-25-005681
DirectorOfficer· President & CEO
Since Jul 2020
-55.87K
Net shares
Net seller
$2.44M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
109.23K acquired · 165.10K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+109.23K
Price / share
—
Trade value
—
% of position
15.1%
2/24/2025
724.02K→833.25K
Class A Common Stock
Direct
Shares
−55.87K
Price / share
$43.64
Trade value
$2.44M
% of position
6.7%
2/24/2025
833.25K→777.38K
Total
Net shares
+53.36K
Net value
-$2.44M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 2/24/2025 | M · Option Exercise | +109.23K | — | — | 15.1% | 724.02K | 833.25K |
| Class A Common Stock Direct | 2/24/2025 | F · Tax Withholding | −55.87K | $43.64 | $2.44M | 6.7% | 833.25K | 777.38K |
| Total | +53.36K | -$2.44M | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Class A Common Stock
109.23K shares
Shares
−109.23K
Strike price
Held after
109.23K
Exercisable
—
2/24/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Class A Common Stock109.23K shares | 2/24/2025 | M · Option Exercise | −109.23K | — | 109.23K |
Non-Derivative Holdings (Post-Transaction)1
Class A Common Stock
IndirectShares owned204.03K
Total
204.03K indirect204.03K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Common Stock | 204.03K | Indirect |
| Total | 204.03K | 204.03K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported