SCHWAB JOHN R (Chief Financial Officer) sold 32.0% of their position (25K shares) of VERTEX, INC. on the open market
Open‑market sale worth $895.1K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 8/26/2024ACC: 0001415889-24-022236
Officer· Chief Financial Officer
Since Jul 2020
-25K
Net shares
Net seller
$895.1K
Total sold
1
Open market trades
0B · 1S
3
Total transactions
25K acquired · 50K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+25K
Price / share
$4.70
Trade value
$117.50K
% of position
47.1%
8/22/2024
53.10K→78.10K
Class A Common Stock
Direct
Shares
−25K
Price / share
$35.81
Trade value
$895.15K
% of position
32.0%
8/22/2024
78.10K→53.10K
Total
Net shares
+0.00
Net value
-$777.65K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 8/22/2024 | M · Option Exercise | +25K | $4.70 | $117.50K | 47.1% | 53.10K | 78.10K |
| Class A Common Stock Direct | 8/22/2024 | S · Sale | −25K | $35.81 | $895.15K | 32.0% | 78.10K | 53.10K |
| Total | +0.00 | -$777.65K | ||||||
Derivative Transactions1
Stock Option
Direct
Converts to
Class A Common Stock
25K shares
Shares
−25K
Strike price
4.70
Held after
381.47K
Exercisable
—
8/22/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option Direct | Class A Common Stock25K shares | 8/22/2024 | M · Option Exercise | −25K | 4.70 | — | 381.47K |