Summary by Futu AI
Vertex Pharmaceuticals CEO & President, Kewalramani Reshma, completed a stock transaction on 05/24/2024 involving the sale of 1,565 shares of common stock at a price of $457.00 per share. The transaction resulted in a total market value of $715,205. Prior to this sale, Reshma exercised options to acquire the same number of shares at $187.53 per share. Following these transactions, Reshma's direct holdings in Vertex Pharmaceuticals amount to 121,374 shares. The sale took place under the transaction code 'S', indicating an open market or private sale, while the acquisition was coded 'M', signifying the exercise or conversion of derivative security.