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Company guide · VRTX

Vertex Pharmaceuticals 10b5-1 trading plans for insiders and early employees

How insiders and senior employees at Vertex Pharmaceuticals set up 10b5-1 plans under the 2023 cooling-off rules.

About Vertex Pharmaceuticals equity

Vertex Pharmaceuticals (VRTX, HQ MA) grants RSUs to employees and also runs an Employee Stock Purchase Plan with a annual vesting cadence.

Cooling-off period

Under the 2023 SEC amendments, officers and directors must wait 90 days (and at least two full business days after the issuer's next periodic report) before the first trade under a new 10b5-1 plan. Non-officer employees have a 30-day cooling-off period.

What to do next

Other Vertex Pharmaceuticals guides