Calkins Daniel 4

What Happened Daniel Calkins, Chief Financial Officer of Verastem, reported a vesting-related transaction: 57 shares (from restricted stock units) were reported as disposed at $5.74 per share, totaling $327. The sale was executed to satisfy statutory tax withholding obligations connected with the RSU vesting.

Key Details

• Transaction date: 2026-03-20
• Report filed: 2026-03-23 (timely filed)
• Price and proceeds: 57 shares × $5.74 = $327
• Shares owned after the transaction: Not specified in this Form 4
• Footnote: The sale represents shares sold to satisfy statutory withholding on RSU vesting
• Transaction code: A (award/acquisition) with disposition for tax withholding (reported as sale)

Context This was not an open-market sale for investment purposes but a routine withholding sale tied to RSU vesting—a common practice where some vested shares are sold to cover required taxes. Such tax-withholding disposals are generally administrative and do not necessarily indicate the insider’s view on the company’s stock.