Verastem (VSTM) CEO Dan Paterson Sells 970 Shares

What Happened
Dan Paterson, President, CEO and a director of Verastem (VSTM), sold 970 shares on February 4, 2026 at $6.69 per share, generating $6,489 in proceeds. The sale is reported as a disposal (code S) and was done to cover statutory withholding obligations tied to vested restricted stock units.

Key Details

• Transaction date: 2026-02-04; Report filed: 2026-02-05 (timely filing).
• Price: $6.69 per share; Shares sold: 970; Gross proceeds: $6,489.
• Footnote: F1 — sale made to satisfy statutory tax withholding on RSU vesting.
• Shares owned after transaction: Not specified in the provided filing summary.
• Transaction type: Sale (not a purchase or exercise); routine tax-withholding disposition.

Context
Sales executed solely to satisfy tax withholding on vested awards are common and typically routine administrative transactions, and do not necessarily indicate a change in the insider’s view of the company. The amount here is modest relative to many executive trades.