ANDERSEN ERIC C. 4
Research Summary
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Vertex (VERX) Director Eric C. Andersen Receives 15,638-Share Award
What Happened
- Eric C. Andersen, a director of Vertex, Inc. (VERX), received an award of 15,638 restricted shares on June 10, 2026. The Form 4 reports an acquisition at $0.00 (no cash exchanged), total recorded value $0 on the filing. This is a stock award (compensation/benefit), not an open-market purchase.
Key Details
- Transaction date: June 10, 2026; Filing date: June 12, 2026 (Accession No. 0001552411-26-000004). Transaction code: A (award/grant).
- Shares involved: 15,638 restricted shares; reported acquisition price: $0.00.
- Shares owned after transaction: not specified in the provided filing details.
- Footnote: The award vests on the earlier of (i) the day immediately prior to the next annual meeting of stockholders and (ii) June 10, 2027.
- Filing timeliness: Filed two days after the transaction date; no late-filing indication in the provided record.
Context
- This is a restricted stock award as part of director compensation and will generally remain subject to vesting and transfer restrictions until the vesting conditions are met. Such awards are routine for directors and reflect compensation rather than an open-market investment decision.