Paterson Dan 4
4 · Verastem, Inc. · Filed Jun 24, 2026
Research Summary
AI-generated summary of this filing
Verastem (VSTM) CEO Dan Paterson Sells 20,871 Shares
What Happened
Dan Paterson, President & CEO and a director of Verastem, Inc. (VSTM), reported a sale of 20,871 shares on 2026-06-22 at $4.18 per share, totaling $87,241. The sale was reported as a disposition (code S) and—per the filing footnote—was made to satisfy statutory tax withholding obligations related to the vesting of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-06-22; price: $4.18 per share; total proceeds: $87,241.
- Transaction type/code: Sale (S); reported as open market or private sale but footnote states it was to cover tax withholding on vested RSUs.
- Shares owned after the transaction: Not disclosed in this Form 4.
- Filing date: 2026-06-24 (reported within the normal 2-business-day window).
- Footnote: Sale represents shares sold to satisfy statutory withholding for RSU vesting.
Context
Withholding sales tied to RSU vesting are common and typically routine tax-related transactions rather than a direct signal of the insider's view on the company's prospects. This filing is informational and was reported in a timely manner; no purchase, option exercise, or 10b5-1 plan was indicated in this report.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-22$4.18/sh−20,871$87,241→ 591,242 total
Footnotes (1)
- [F1]The sale reported on this Form 4 represents shares sold by the Reporting Person to satisfy statutory withholding requirements in connection with the vesting of restricted stock units.