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
−23.70K
Price / share
$12.74
Trade value
$302K
% of position
Class A Common Stock
Shares
+44.01K
Price / share
—
Trade value
—
% of position
Class A Common Stock
Shares
−12.52K
Price / share
$12.74
Trade value
$159.54K
% of position
Net shares
+77.31K
Net value
-$461.54K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 2/20/2026 | M · Option Exercise | +69.53K | — | — | 6.5% | 1.07M | 1.14M |
| Class A Common Stock Direct | 2/20/2026 | F · Tax Withholding | −23.70K | $12.74 | $302K | 2.1% | 1.14M | 1.11M |
| Class A Common Stock Direct | 2/20/2026 | M · Option Exercise | +44.01K | — | — | 4.0% | 1.11M | 1.16M |
| Class A Common Stock Direct | 2/20/2026 | F · Tax Withholding | −12.52K | $12.74 | $159.54K | 1.1% | 1.16M | 1.14M |
| Total | +77.31K | -$461.54K | ||||||
Restricted Stock Units
Class A Common Stock
69.53K shares
Shares
−69.53K
Strike price
Held after
139.06K
Exercisable
—
Restricted Stock Units
Class A Common Stock
44.01K shares
Shares
−44.01K
Strike price
Held after
132.04K
Exercisable
—
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Class A Common Stock69.53K shares | 2/20/2026 | M · Option Exercise | −69.53K | — | 139.06K | |
| Restricted Stock Units Direct | Class A Common Stock44.01K shares | 2/20/2026 | M · Option Exercise | −44.01K | — | 132.04K |
Class A Common Stock
Indirect| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Common Stock | 204.03K | Indirect |
| Total | 204.03K | 204.03K indirect |