WESTPHAL JEFFREY sold 2.48M shares of VERTEX, INC. on the open market

Open‑market sale worth $121.52M. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

WESTPHAL JEFFREY

Filed: 11/13/2024ACC: 0001104659-24-117963

InsiderWESTPHAL JEFFREYCIK 1818851

→

IssuerVERTEX, INC.CIK 1806837

Director10% Owner

Since Jul 2020

-2.48M

Net shares

Net seller

$121.52M

Total sold

Open market trades

0B · 1S

Total transactions

2.48M acquired · 4.97M disposed

Non-Derivative Transactions2

Class A Common Stock

Indirect

C · Conversion

+2.48M

Price / share

—

Trade value

—

% of position

New position

11/11/2024

0.00→2.48M

Class A Common Stock

Indirect

S · Sale

−2.48M

Price / share

$48.90

Trade value

$121.52M

% of position

New position

11/11/2024

2.48M→0.00

Total

Net shares

+0.00

Net value

-$121.52M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Indirect	11/11/2024	C · Conversion	+2.48M	—	—	New position	0.00	2.48M
Class A Common Stock Indirect	11/11/2024	S · Sale	−2.48M	$48.90	$121.52M	New position	2.48M	0.00
Total			+0.00		-$121.52M

Derivative Transactions1

Class B Common Stock

Indirect

C · Conversion

Converts to

Class A Common Stock

2.48M shares

−2.48M

Strike price

Held after

3.21M

Exercisable

—

11/11/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Class B Common Stock Indirect	Class A Common Stock2.48M shares	11/11/2024	C · Conversion	−2.48M		—	3.21M

Non-Derivative Holdings (Post-Transaction)1

Class A Common Stock

Direct

Shares owned7.89K

Total

7.89K direct7.89K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	7.89K	Direct
Total	7.89K	7.89K direct

Derivative Holdings (Post-Transaction)3

Class B Common Stock

Direct

Underlying security

Class A Common Stock

Underlying shares

838K

Shares owned

838K

Exercise price

Expiration

—

Exercise window

—

Class B Common Stock

Indirect

Underlying security

Class A Common Stock

Underlying shares

332.24K

Shares owned

332.24K

Exercise price

Expiration

—

Exercise window

—

Class B Common Stock

Indirect

Underlying security

Class A Common Stock

Underlying shares

1.15M

Shares owned

1.15M

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

2.32M

Owned

2.32M

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Class B Common Stock Direct	Class A Common Stock	—	—	838K	838K
Class B Common Stock Indirect	Class A Common Stock	—	—	332.24K	332.24K
Class B Common Stock Indirect	Class A Common Stock	—	—	1.15M	1.15M
Total				2.32M	2.32M