Westphal Jeffrey

Westphal buys 397.7K VERX shares for $5.1M at blended $12.88 as stock falls -74.6% from 52-week high

Westphal acquired 397,740 shares across two transactions on 2026-02-13 and 2026-02-17 for a blended average price of $12.88, totaling $5,121,293.55. The purchase occurs as VERX trades at $12.09, down 74.6% from its 52-week high of $47.62 and down 37.4% over the past 30 days. Fundamentally, the company generated $192.1M in quarterly revenue with +16.5% annual growth but remained unprofitable on a full-year basis, with net income of negative at the fiscal level. Westphal's track record at VERX is mixed: his prior 5 trades at this ticker included 4 sales, 4 of which were well-timed at the 90-day mark (stock fell after the sale), suggesting prior skill in exiting before downturns. The scale of this new purchase—397.7K shares from a zero base—represents a material commitment at depressed price levels, though the timing occurs amid significant recent deterioration in the stock's momentum.

Westphal sells 3,000,000 VERX shares for $115,350,000.00; prior same-ticker sells mostly profitable at 90d.

Westphal executed 3 separate sales totaling 3,000,000 shares for $115,350,000.00 at $38.45 on 2025-06-09, reducing holdings to zero in Table I common shares. This is a large single-day liquidation of a concentrated position. The Flag indicates this represents a derivative-conversion transaction, meaning the insider's actual economic exposure may extend beyond Table I common shares and warrants review of derivative holdings before concluding the position is fully wound down. Historically at VERX, his prior 5 sales show mixed timing: 4 of 5 generated positive 90-day returns after the sale (2024-11-11, 2024-10-03, 2024-07-23, 2024-06-05), meaning the stock subsequently rose—poorly-timed exits from an investor perspective. Only 1 of 5 (2024-12-12) produced a negative 90-day return (-35.9%), representing a well-timed sale before a decline. The current stock price of $37.55 stands -36.3% from its 52-week high, and the company posted a negative full-year net income despite 16.5% annual revenue growth, leaving fundamentals mixed for valuation context.

Westphal sells 575.0K VERX shares at $53.01 (total: $30.5M); holds remaining derivative position per Table II

Westphal sold 575,000 shares of Vertex at $53.01 on 2024-12-12 for a total value of $30,480,750.00. This transaction represents a sale of his common shares, though a derivative-conversion flag indicates the insider retains an unreported derivative position documented in Form 4 Table II; the zero common-share balance does not represent a full exit from Vertex exposure. Examining his prior VERX sales, Westphal's same-ticker history shows mixed outcomes: of three measurable 90-day periods, none were well-timed (all showed positive returns, meaning the stock rose after each sale). His cross-ticker track record across 16 prior sells shows an average 90-day return of +14.0% with a 21.43% well-timed rate, suggesting his timing has been weaker than random at this ticker. Against this backdrop, VERX has risen 47.6% over the past 90 days and trades at a premium valuation (P/E 46.35) despite recent profitability challenges—the company reported negative full-year net income in its most recent fiscal period. The stock is currently 6.4% below its 52-week high of $56.92.

10% owner Westphal sells 2,485,000 shares (2.48M) at $48.90, exiting a specific share batch; stock now at $50.58 after +23.1% in 30 days.

Westphal Jeffrey, a 10% owner, sold 2,485,000 shares of Vertex on 2024-11-11 at $48.90, reducing this specific holding to zero. The sale occurred at $2.68 below the current price of $50.58 and near the 52-week high of $51.99, near peak valuation. The stock is up 23.1% in the 30 days since the sale and up 39.1% over 90 days, indicating the sale was poorly-timed relative to subsequent price movement. Notably, across Westphal's prior trades at VERX, zero of four measurable 90-day outcomes were well-timed; his broader cross-ticker track record shows a 21.43% well-timed rate and an average 90-day return of +14.0%, suggesting his timing decisions have historically lagged the subsequent appreciation. This sale is notable given the stock's momentum and elevated valuation (P/E 43.98), though the company's negative full-year net income despite +16.4% revenue growth warrants attention to underlying profitability trends.

10% owner Westphal sold 1.22M VERX shares (1,225,000) for $48.3M on 2024-10-03; stock up +16.3% in 30d post-sale

Westphal, a 10% owner, executed a sale of 1,225,000 shares at $39.42 per share on 2024-10-03, generating $48,289,500.00 in proceeds. Post-transaction, the stock has gained +16.3% over 30 days and +14.2% over 90 days, suggesting the sale was poorly timed relative to near-term price appreciation. Across his cross-ticker track record, Westphal's sells have averaged 14.0% return at the 90-day mark with only a 23.08% well-timed rate, indicating mixed execution. At VERX specifically, 1 of 4 prior sells were well-timed at the 90-day mark; his most recent sale on 2024-07-23 fell 5.3% in 30 days. Given the company's elevated P/E of 54.65, recent full-year unprofitability despite +16.4% annual revenue growth, and the stock's proximity to its 52-week high ($41.60), this transaction warrants attention to whether it reflects a fundamental reassessment or other considerations around a large shareholder's appetite for the stock at current valuations.

10% owner Westphal sells 1,500,000 VERX shares for $56.7M at $37.81; stake falls 58.7% to 1.05M shares

Westphal, a 10% owner, executed a substantial open-market sale of 1,500,000 shares (1.50M shares) on 2024-07-23 for a total of $56,715,000.00 ($56.7M), reducing his holdings by 58.7% from 2,554,641 to 1,054,641 shares. The sale occurred near the stock's 52-week high of $40.01, with the transaction price of $37.81 only 5.7% below that peak. At VERX specifically, Westphal's prior four measurable same-ticker sales show a 50% well-timed rate at the 90-day mark (2 of 4 prior sells preceded declines), whereas his cross-ticker track record across 13 prior open-market sells shows a 25.00% 90d well-timed rate with an average 90d return of +14.2% (indicating poor timing on average). The company's fundamentals present a complex picture: $156.8M in quarterly revenue (+16.4% annual growth) and positive quarterly net income of $2.7M, but the company was unprofitable over its most recent full fiscal year, paired with an elevated P/E of 130.10. The timing and scale of this reduction—a major step down in insider ownership—occurs in a context of strong recent momentum (+28.3% over 90 days) but fundamental profitability concerns.