These sales are routine from a dollar and volume perspective and not indicative of negative sentiment given their small scale relative to company size. Traders should monitor for additional selling or commentary around earnings or pipeline updates.
Price Chart
Executive Summary
Two Vertex Pharmaceuticals EVPs — the Chief Medical Officer and Chief Commercial Officer — sold shares in open-market transactions totaling approximately $2.45 million. The sales were modest in dollar value relative to the company's $118.4 billion market cap, representing just 0.002% of market value.
Key Financial Metrics
Key Facts
- EVP and CMO Carmen Bozic sold 2,329 shares for $1,122,088.91 on March 13, 2026, at $481.79 per share.
- EVP and Chief Commercial Officer Duncan McKechnie sold 2,633 shares for $1,312,339.86 on March 11, 2026, at $498.42 per share.
- Total insider sales in cluster: $2,434,428.77 across two C-suite executives.
- Sales represent approximately 0.002% of Vertex's $118.4B market cap — well below the 0.1% threshold for materiality.
Financial Impact
$2.43 million in total open-market sales by two executives
Risk Factors
- Perception risk if more executives sell in coming days.
- Potential misinterpretation as bearish signal despite lack of materiality.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-VRTX-1773777879078 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 7, 2026 12w ago | 8-K | $522.25 $522.81 | ▲ +0.11% | ▼ −1.89% | $506.74 (−2.97%) |
Jul 7, 2026 12w ago | Insider Cluster | $522.25 $522.81 | ▲ +0.11% | ▼ −1.89% | $506.74 (−2.97%) |
Jul 6, 2026 12w ago | Insider Cluster | $529.59 $526.73 | ▼ −0.54% | ▼ −2.26% | $506.74 (−4.31%) |
Jun 3, 2026 17w ago | Insider Cluster | $441.47 $541.69 | ▲ +22.70% | ▲ +21.08% | $506.74 (+14.79%) |
May 19, 2026 19w ago | Insider Cluster | $430.05 $505.75 | ▲ +17.60% | ▲ +12.87% | $506.74 (+17.83%) |
Mar 11, 2026 29w ago | Insider Cluster | $491.96 $428.34 | ▼ −12.93% | ▼ −24.45% | $506.74 (+3.01%) |
Feb 25, 2026 31w ago | Insider Cluster | $482.92 $430.44 | ▼ −10.87% | ▼ −17.82% | $506.74 (+4.93%) |
Feb 25, 2026 31w ago | Insider Cluster | $482.92 $430.44 | ▲ +10.87% | ▲ +17.82% | $506.74 (−4.93%) |
Feb 25, 2026 31w ago | Insider Cluster | $482.92 $430.44 | ▼ −10.87% | ▼ −17.82% | $506.74 (+4.93%) |
Feb 25, 2026 31w ago | Insider Cluster | $482.92 $430.44 | ▼ −10.87% | ▼ −17.82% | $506.74 (+4.93%) |
US Market Status
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