Radcliffe Amanda Westphal 4
4 · Vertex, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Vertex (VERX) 10% Owner Amanda Westphal Receives 15,638 Shares
What Happened
Radcliffe Amanda Westphal, reported as a 10% owner of Vertex, Inc., was granted 15,638 shares as a restricted stock award on June 10, 2026. The Form 4 lists the acquisition (code A) at $0.00 per share (reported transaction value $0). This was an award/grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares granted: 15,638; reported price: $0.00; reported transaction value: $0.
- Vesting: Footnote F1 — vests on the earlier of (i) the day immediately prior to the next annual meeting of stockholders, or (ii) June 10, 2027.
- Shares owned after transaction: Not specified in the provided excerpt.
- Accession: 0001818517-26-000002 (Form filed with the SEC).
Context
Restricted stock awards are typically subject to vesting and transfer restrictions, so these shares may not be immediately tradable. An award coded "A" is an acquisition via grant (often compensation or retention-related) rather than a market purchase; it does not on its own signal a buy or sell decision. As a reported 10% owner, this individual holds a significant stake in the company; this filing documents an increase in her contractual interest via a time‑vested award.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-06-10+15,638→ 159,030 total
Footnotes (1)
- [F1]Represents an award of restricted stock that will vest on the earlier to occur of (i) the day immediately prior to the date of the next annual meeting of the Company's stockholders, and (ii) June 10, 2027.