Calkins Daniel 4

What Happened
Daniel Calkins, Chief Financial Officer of Verastem, sold a total of 4,089 shares on 2026-06-22 in two open-market transactions: 4,032 shares at $4.18 each (proceeds $16,854) and 57 shares at $4.13 each (proceeds $235), for combined proceeds of $17,089. These were sales (not purchases).

Key Details

• Transaction dates and prices: 2026-06-22 — 4,032 shares @ $4.18; 57 shares @ $4.13.
• Total proceeds: $17,089 (combined).
• Shares owned after the transaction: not specified in the provided filing excerpt — check the full Form 4 for "Amounts Owned Following Reported Transaction" if needed.
• Footnote: The filing states the shares were sold to satisfy statutory tax withholding in connection with the vesting of restricted stock units (RSUs).
• Filing: Form 4 filed 2026-06-24 — appears timely (filed within the standard two-business-day window after the transaction).

Context
Sales made to cover tax withholding on vested RSUs are routine and reflect administrative needs rather than a straightforward investment decision. Such transactions are common for insiders and do not necessarily signal a change in sentiment about the company.