Paterson Dan 4

What Happened
Dan Paterson, President & CEO and a director of Verastem, sold 806 shares on May 4, 2026 at $5.82 per share, for a total of about $4,691. The filing indicates this sale was to satisfy statutory tax withholding in connection with the vesting of restricted stock units (RSUs), so it is a routine, tax-related disposition rather than a market-timed investment decision.

Key Details

• Transaction date: May 4, 2026 (reported on Form 4 filed May 6, 2026)
• Price and size: 806 shares at $5.82 each; total ≈ $4,691
• Transaction type: Sale (reported as open market or private sale); purpose: tax withholding on vested RSUs (footnote F1)
• Shares owned after transaction: Not disclosed in the provided filing
• Timeliness: Filed May 6, 2026 for a May 4 transaction — appears timely (within standard Form 4 reporting window)

Context
Sales to cover tax withholding on RSU vesting are common and typically reflect routine administrative actions, not necessarily a change in the insider’s view of the company. For retail investors, purchases or larger, discretionary sales often carry more signal than small, tax-related dispositions like this one.