Rowland Bryan T.R. 4

What Happened

• Bryan T.R. Rowland, General Counsel of Vertex, was granted 43,443 restricted stock units (RSUs) on February 19, 2026. The award was reported as a derivative award (code A) with $0 cash paid at grant — the RSUs represent a contingent right to receive shares in the future rather than immediate stock ownership.

Key Details

• Transaction date and type: 2026-02-19 — Grant/Award (Form 4 code A) at $0.00 per unit.
• Quantity: 43,443 restricted stock units granted.
• Shares owned after transaction: not specified in the public filing.
• Footnotes: F1 — each RSU converts to one share of Class A common stock upon settlement; F2 — vesting schedule is 25% on each of Feb 19, 2027, 2028, 2029 and 2030.
• Timeliness: Filing date 2026-02-23; reported within the standard Form 4 reporting window (timely).

Context

• RSUs are a form of compensation/retention grant, not an open-market purchase or sale. No cash changed hands at grant; actual economic value will depend on Vertex’s share price at the time units vest and are settled. This grant does not by itself indicate buying or selling activity by the insider.