The estimated Net Worth of Bruce I Sachs is at least $35.1 Million dollars as of 1 August 2024. Mr. Sachs owns over 5,295 units of Vertex Pharmaceuticals stock worth over $21,503,348 and over the last 21 years he sold VRTX stock worth over $13,019,364. In addition, he makes $607,877 as Co-Lead Independent Director at Vertex Pharmaceuticals.
Bruce has made over 41 trades of the Vertex Pharmaceuticals stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 5,295 units of VRTX stock worth $665,634 on 1 August 2024.
The largest trade he's ever made was buying 67,345 units of Vertex Pharmaceuticals stock on 12 November 2003 worth over $552,902. On average, Bruce trades about 6,879 units every 73 days since 2003. As of 1 August 2024 he still owns at least 45,295 units of Vertex Pharmaceuticals stock.
You can see the complete history of Mr. Sachs stock trades at the bottom of the page.
Bruce I. Sachs is Co-lead Independent Director of Vertex Pharmaceuticals Incorporated. Mr. Sachs is a General Partner at Charles River Ventures, a venture capital firm he joined in 1999. From 1998 to 1999, he served as Executive Vice President and General Manager of Ascend Communications, Inc. From 1997 until 1998, Mr. Sachs served as President and Chief Executive Officer of Stratus Computer, Inc. From 1995 to 1997, he served as Executive Vice President and General Manager of the Internet Telecom Business Group at Bay Networks, Inc. From 1993 to 1995, he served as President and Chief Executive Officer of Xylogics, Inc. Mr. Sachs holds a B.S.E.E. in electrical engineering from Bucknell University, an M.E.E. in electrical engineering from Cornell University, and an M.B.A. from Northeastern University.
As the Co-Lead Independent Director of Vertex Pharmaceuticals, the total compensation of Bruce Sachs at Vertex Pharmaceuticals is $607,877. There are 13 executives at Vertex Pharmaceuticals getting paid more, with Jeffrey Leiden having the highest compensation of $18,790,000.
Bruce Sachs is 59, he's been the Co-Lead Independent Director of Vertex Pharmaceuticals since 2017. There are 6 older and 18 younger executives at Vertex Pharmaceuticals. The oldest executive at Vertex Pharmaceuticals, Inc. is William Young, 75, who is the Independent Director.
Bruce's mailing address filed with the SEC is C/O VERTEX PHARMACEUTICALS INCORPORATED, 50 NORTHERN AVE, BOSTON, MA, 02210.
Over the last 21 years, insiders at Vertex Pharmaceuticals have traded over $934,925,905 worth of Vertex Pharmaceuticals stock and bought 308,652 units worth $12,298,449 . The most active insiders traders include Lloyd Carney, Jeffrey M Leiden, and Joshua S Boger. On average, Vertex Pharmaceuticals executives and independent directors trade stock every 5 days with the average trade being worth of $4,747,875. The most recent stock trade was executed by Jeffrey M Leiden on 30 August 2024, trading 3,784 units of VRTX stock currently worth $1,888,216.
Vertex Pharmaceuticals is an American biopharmaceutical company based in Boston, Massachusetts. It was one of the first biotech firms to use an explicit strategy of rational drug design rather than combinatorial chemistry.
Vertex Pharmaceuticals executives and other stock owners filed with the SEC include: