4//SEC Filing
Westphal Jeffrey 4
Accession 0001104659-25-058504
CIK 0001806837other
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 3:21 PM ET
Size
24.0 KB
Accession
0001104659-25-058504
Insider Transaction Report
Form 4
Vertex, Inc.VERX
Westphal Jeffrey
Other
Transactions
- Conversion
Class A Common Stock
2025-06-09+1,514,000→ 1,514,000 total(indirect: By Trust) - Sale
Class A Common Stock
2025-06-09$38.45/sh−1,153,756$44,361,918→ 0 total(indirect: By Trust) - Sale
Class A Common Stock
2025-06-09$38.45/sh−332,244$12,774,782→ 0 total(indirect: By Trust) - Conversion
Class B Common Stock
2025-06-09−1,514,000→ 1,125,927 total(indirect: By Trust)→ Class A Common Stock (1,514,000 underlying) - Conversion
Class B Common Stock
2025-06-09−332,244→ 0 total(indirect: By Trust)→ Class A Common Stock (332,244 underlying) - Conversion
Class A Common Stock
2025-06-09+332,244→ 332,244 total(indirect: By Trust) - Sale
Class A Common Stock
2025-06-09$38.45/sh−1,514,000$58,213,300→ 0 total(indirect: By Trust) - Conversion
Class B Common Stock
2025-06-09−1,153,756→ 0 total(indirect: By Trust)→ Class A Common Stock (1,153,756 underlying) - Conversion
Class A Common Stock
2025-06-09+1,153,756→ 1,153,756 total(indirect: By Trust)
Holdings
- 7,895
Class A Common Stock
- 388,000
Class B Common Stock
→ Class A Common Stock (388,000 underlying)
Footnotes (2)
- [F1]The Class B Common Stock is convertible at any time at the option of the holder into one share of the Issuer's Class A Common Stock and has no expiration date. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis either (i) upon any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions or (ii) if the voting power of the Issuer's outstanding Class B Common Stock represents less than 10% of the combined voting power of all of the Issuer's outstanding common stock.
- [F2]The reported securities were sold in a block sale at a per share price of $38.45.
Documents
Issuer
Vertex, Inc.
CIK 0001806837
Entity typeother
Related Parties
1- filerCIK 0001818851
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 3:21 PM ET
- Size
- 24.0 KB