Gayton Bradley M 4

What Happened

Bradley M. Gayton, a director of Vertex, Inc. (VERX), received an award/acquisition of 15,638 restricted shares on June 10, 2026. The Form 4 reports the acquisition price as $0.00 (standard reporting for granted restricted stock); no cash was paid. This was a grant of restricted stock (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-10; filing date: 2026-06-12 (timely — within typical two-business-day reporting window).
• Shares granted: 15,638 restricted shares; reported price per share: $0.00; total reported value: $0.
• Shares owned after transaction: not specified in this filing.
• Footnote: Award vests on the earlier of (i) the day before the next annual shareholders’ meeting, or (ii) June 10, 2027.
• No 10b5‑1 plan, cashless exercise, tax‑withholding sale, or gift noted in the filing.

Context

Restricted stock awards are common director compensation and typically vest over time or upon meeting certain conditions. Because these shares are subject to vesting, they are not immediately marketable; the grant alone is a compensation action and should not be read as an immediate buy or sell signal.