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: 2/26/2026ACC: 0001818526-26-000006
DirectorOfficer· President & CEO
Since Jul 2020
-51.98K
Net shares
Net seller
$689.3K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
109.23K acquired · 161.22K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+109.23K
Price / share
—
Trade value
—
% of position
9.1%
2/24/2026
1.20M→1.31M
Class A Common Stock
Direct
Shares
−51.98K
Price / share
$13.26
Trade value
$689.29K
% of position
4.0%
2/24/2026
1.31M→1.26M
Total
Net shares
+57.25K
Net value
-$689.29K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 2/24/2026 | M · Option Exercise | +109.23K | — | — | 9.1% | 1.20M | 1.31M |
| Class A Common Stock Direct | 2/24/2026 | F · Tax Withholding | −51.98K | $13.26 | $689.29K | 4.0% | 1.31M | 1.26M |
| Total | +57.25K | -$689.29K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Class A Common Stock
109.23K shares
Shares
−109.23K
Strike price
Held after
0.00
Exercisable
—
2/24/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Class A Common Stock109.23K shares | 2/24/2026 | M · Option Exercise | −109.23K | — | 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