Form 4: Verastem CEO Sells Shares
Insider Transaction (Form 4)
Dan Paterson, President and CEO and a Director of Verastem, Inc., sold 44,121 shares of common stock on September 30, 2026 for $8.00 per share.
Summary
- Grant/award: disposed of 106,893 Common Stock on September 30, 2026; holds 696,833 after (Direct).
- Open-market sale: disposed of 44,121 Common Stock at $8.00 ($352,968) on October 1, 2026; holds 652,712 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $352,968 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Dan Paterson — Director, Officer (President and CEO)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-30 | Grant/award | Common Stock | 106,893 | — | — | 696,833 |
| 2026-10-01 | Open-market sale | Common Stock | 44,121 | $8 | $353.0K | 652,712 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-30 | Grant/award (106,893 shares) |
| 2026-10-01 | Open-market sale (44,121 shares) |
Keywords
insider transaction, Form 4, VSTM, Verastem, Inc., bearish, Dan Paterson
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