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: 2/25/2026ACC: 0001818526-26-000004
DirectorOfficer· President & CEO
Since Jul 2020
-47.11K
Net shares
Net seller
$566.8K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
101.39K acquired · 148.51K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+101.39K
Price / share
—
Trade value
—
% of position
8.9%
2/23/2026
1.14M→1.25M
Class A Common Stock
Direct
Shares
−47.11K
Price / share
$12.03
Trade value
$566.76K
% of position
3.8%
2/23/2026
1.25M→1.20M
Total
Net shares
+54.28K
Net value
-$566.76K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 2/23/2026 | M · Option Exercise | +101.39K | — | — | 8.9% | 1.14M | 1.25M |
| Class A Common Stock Direct | 2/23/2026 | F · Tax Withholding | −47.11K | $12.03 | $566.76K | 3.8% | 1.25M | 1.20M |
| Total | +54.28K | -$566.76K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Class A Common Stock
101.39K shares
Shares
−101.39K
Strike price
Held after
101.40K
Exercisable
—
2/23/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Class A Common Stock101.39K shares | 2/23/2026 | M · Option Exercise | −101.39K | — | 101.40K |
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