Leib Ryan J 4
4 · Vertex, Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Vertex (VERX) Chief Accounting Officer Ryan J. Leib Receives Award
What Happened
Ryan J. Leib, Chief Accounting Officer of Vertex, Inc. (VERX), was granted 33,891 restricted stock units (RSUs) on February 19, 2026. The grant is reported as a derivative award (Form 4 code A) with $0.00 per share shown on the filing; the RSUs are contingent rights to receive one share of Class A common stock upon vesting.
Key Details
- Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (appears timely).
- Award: 33,891 RSUs granted; reported price $0.00 (derivative award).
- Vesting: 25% vests on each of Feb 19, 2027; Feb 19, 2028; Feb 19, 2029; and Feb 19, 2030 (per footnote).
- Footnote: Each RSU represents a contingent right to one share of Class A common stock.
- Shares owned after the transaction: Not disclosed in this filing.
Context
RSU grants are a common form of executive compensation and do not involve an immediate cash purchase or sale of shares. These RSUs will convert to actual shares only as they vest according to the schedule above; therefore this filing reflects a compensation award rather than an open-market purchase or sale.
Insider Transaction Report
Form 4
Vertex, Inc.VERX
Leib Ryan J
Chief Accounting Officer
Transactions
- Award
Restricted Stock Units
[F1][F2]2026-02-19+33,891→ 33,891 total→ Class A Common Stock (33,891 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuers Class A Common Stock.
- [F2]Represents an award of restricted stock units that will vest as to 25% of the amount of shares on each of February 19, 2027, February 19, 2028, February 19, 2029 and February 19, 2030.
Signature
/s/ Lisa Coleman, Attorney-in-Fact|2026-02-23