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: 3/4/2025ACC: 0001415889-25-006482
DirectorOfficer· President & CEO
Since Jul 2020
-14.61K
Net shares
Net seller
$471.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
28.57K acquired · 43.18K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+28.57K
Price / share
—
Trade value
—
% of position
3.7%
2/28/2025
777.38K→805.95K
Class A Common Stock
Direct
Shares
−14.61K
Price / share
$32.29
Trade value
$471.85K
% of position
1.8%
2/28/2025
805.95K→791.33K
Total
Net shares
+13.96K
Net value
-$471.85K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 2/28/2025 | M · Option Exercise | +28.57K | — | — | 3.7% | 777.38K | 805.95K |
| Class A Common Stock Direct | 2/28/2025 | F · Tax Withholding | −14.61K | $32.29 | $471.85K | 1.8% | 805.95K | 791.33K |
| Total | +13.96K | -$471.85K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Class A Common Stock
28.57K shares
Shares
−28.57K
Strike price
Held after
0.00
Exercisable
—
2/28/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Class A Common Stock28.57K shares | 2/28/2025 | M · Option Exercise | −28.57K | — | 0.00 |
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