SCHWAB JOHN R (Chief Financial Officer) exercised options at VERTEX, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 2/25/2025ACC: 0001415889-25-005489
Officer· Chief Financial Officer
Since Jul 2020
-29.35K
Net shares
Net seller
$1.30M
Total sold
0
Open market trades
0B · 0S
6
Total transactions
54.19K acquired · 83.54K disposed
Non-Derivative Transactions4
Class A Common Stock
Direct
Shares
+23.89K
Price / share
—
Trade value
—
% of position
37.3%
2/21/2025
63.99K→87.88K
Class A Common Stock
Direct
Shares
−12.94K
Price / share
$44.21
Trade value
$571.86K
% of position
14.7%
2/21/2025
87.88K→74.94K
Class A Common Stock
Direct
Shares
+30.30K
Price / share
—
Trade value
—
% of position
40.4%
2/21/2025
74.94K→105.25K
Class A Common Stock
Direct
Shares
−16.41K
Price / share
$44.21
Trade value
$725.53K
% of position
15.6%
2/21/2025
105.25K→88.83K
Total
Net shares
+24.85K
Net value
-$1.30M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 2/21/2025 | M · Option Exercise | +23.89K | — | — | 37.3% | 63.99K | 87.88K |
| Class A Common Stock Direct | 2/21/2025 | F · Tax Withholding | −12.94K | $44.21 | $571.86K | 14.7% | 87.88K | 74.94K |
| Class A Common Stock Direct | 2/21/2025 | M · Option Exercise | +30.30K | — | — | 40.4% | 74.94K | 105.25K |
| Class A Common Stock Direct | 2/21/2025 | F · Tax Withholding | −16.41K | $44.21 | $725.53K | 15.6% | 105.25K | 88.83K |
| Total | +24.85K | -$1.30M | ||||||
Derivative Transactions2
Restricted Stock Units
Direct
Converts to
Class A Common Stock
23.89K shares
Shares
−23.89K
Strike price
Held after
71.66K
Exercisable
—
2/21/2025
Restricted Stock Units
Direct
Converts to
Class A Common Stock
30.30K shares
Shares
−30.30K
Strike price
Held after
60.61K
Exercisable
—
2/21/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Class A Common Stock23.89K shares | 2/21/2025 | M · Option Exercise | −23.89K | — | 71.66K | |
| Restricted Stock Units Direct | Class A Common Stock30.30K shares | 2/21/2025 | M · Option Exercise | −30.30K | — | 60.61K |