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Vertex, Inc. — Director's Dealing 2025
Jun 11, 2025
31181_dirs_2025-06-11_4e1c9e5d-62c8-453e-b08e-aed7e473af3b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Vertex, Inc. (VERX)
CIK: 0001806837
Period of Report: 2025-06-09
Reporting Person: Westphal Jeffrey (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-06-09 | Class A Common Stock | C | 1514000 | — | Acquired | 1514000 | Indirect |
| 2025-06-09 | Class A Common Stock | S | 1514000 | $38.45 | Disposed | 0 | Indirect |
| 2025-06-09 | Class A Common Stock | C | 1153756 | — | Acquired | 1153756 | Indirect |
| 2025-06-09 | Class A Common Stock | S | 1153756 | $38.45 | Disposed | 0 | Indirect |
| 2025-06-09 | Class A Common Stock | C | 332244 | — | Acquired | 332244 | Indirect |
| 2025-06-09 | Class A Common Stock | S | 332244 | $38.45 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-06-09 | Class B Common Stock | $ | C | 1514000 | Disposed | Class A Common Stock (1514000) | Indirect | |
| 2025-06-09 | Class B Common Stock | $ | C | 1153756 | Disposed | Class A Common Stock (1153756) | Indirect | |
| 2025-06-09 | Class B Common Stock | $ | C | 332244 | Disposed | Class A Common Stock (332244) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 7895 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Class A Common Stock (388000) | 388000 | Direct |
Footnotes
F1: The Class B Common Stock is convertible at any time at the option of the holder into one share of the Issuer's Class A Common Stock and has no expiration date. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis either (i) upon any transfer of the Class B Common Stock by the holder, whether or not for value, subject to certain exceptions or (ii) if the voting power of the Issuer's outstanding Class B Common Stock represents less than 10% of the combined voting power of all of the Issuer's outstanding common stock.
F2: The reported securities were sold in a block sale at a per share price of $38.45.