| Insider | Role | Shares | Value | Buys | Sells |
|---|---|---|---|---|---|
| Date | Ticker | Insider | Role | Type | Shares | Price | Value | Chg% | SEC |
|---|---|---|---|---|---|---|---|---|---|
| Insider | Role | Shares | Value | Buys | Sells |
|---|---|---|---|---|---|
| Date | Ticker | Insider | Role | Type | Shares | Price | Value | Chg% | SEC |
|---|---|---|---|---|---|---|---|---|---|
10% Owner
1 company
Tensile Capital Management LP last filed a Form 4 in November 2023, as 10% Owner at VERX.
Our model assigns Tensile Capital Management LP a below-average insider score of 37/100, based on 9 past trades. Over a 12-month horizon, none of those trades were profitable, with an average 12-month return of -59.7%.
At the last filing, the largest reported position was 5,396,299 shares of VERX. The VERX filings lean toward selling, a net 573,959 shares.
Tensile Capital Management LP has 5 Form 4 filings on record from October 2022 to November 2023, all as 10% Owner at Vertex (VERX), 2022–2023.
The 11 reported transactions were 10 open-market sales and 1 option exercise.
Counted by filing, the open-market trades come to no purchases and 4 sales worth about $14.3M.
The largest open-market sale was 260,418 shares of VERX at an average $26.51 on November 10, 2023, about $6.9M. Twelve months later VERX was up 91%.
None of the 4 sales since April 2023 was marked as made under a Rule 10b5-1 trading plan.
Shares as reported in the last Form 4 for each company; the most recent is from November 2023. Values use today's prices. Any trades after the last filing were not reported, so current holdings may differ.
| Date | Ticker | Role | Type | Shares | Price | Value | Chg% | 3M | 12M | SEC |
|---|---|---|---|---|---|---|---|---|---|---|
| Nov 10, 2023 | VERX Vertex, Inc. | 10% Owner | Sell | 260,418 | $26.51 | $6,903,361.94 | -4.6% | -4.8% | +91.4% | |
| Oct 10, 2023 | VERX Vertex, Inc. | 10% Owner | Sell | 150,000 | $24.23 | $3,635,100.00 | -2.6% | +3.0% | +68.8% | |
| Sep 29, 2023 | VERX Vertex, Inc. | 10% Owner | Sell | 60,000 | $23.36 | $1,401,600.00 | -1.0% | +17.3% | +59.0% | |
| Apr 21, 2023 | VERX Vertex, Inc. | 10% Owner | Sell | 103,541 | $22.46 | $2,325,531.24 | -1.7% | -13.2% | +29.1% |