David  DeStefano net worth and biography

David DeStefano Biography and Net Worth

CEO of Vertex
David DeStefano became our President and Chief Executive Officer in November 2016, joined our Board in 2016 and was appointed Chairperson of our Board in 2020. Between 2015 and 2016 he was an Executive Vice President and a member of the Company’s Executive Council, which monitored our long-term strategic and financial viability, corporate brand, and culture. Mr. DeStefano previously served as our Vice President, Chief Financial Officer and Executive Vice President. Prior to joining the Company, Mr. DeStefano was Principal, and Vice President at The Mid Atlantic Companies Ltd. Mr. DeStefano is also on the Advisory Board for Corporate Social Responsibility at the Satell Institute and is on the Board of Trustees of the Joseph Fund in Camden, New Jersey. Mr. DeStefano received a BS in Finance from Lehigh University.

What is David DeStefano's net worth?

The estimated net worth of David DeStefano is at least $7.65 million as of June 15th, 2023. Mr. DeStefano owns 259,074 shares of Vertex stock worth more than $7,650,455 as of April 27th. This net worth evaluation does not reflect any other investments that Mr. DeStefano may own. Additionally, Mr. DeStefano receives a salary of $1,250,000.00 as CEO at Vertex. Learn More about David DeStefano's net worth.

How old is David DeStefano?

Mr. DeStefano is currently 61 years old. There are 5 older executives and no younger executives at Vertex. Learn More on David DeStefano's age.

What is David DeStefano's salary?

As the CEO of Vertex, Inc., Mr. DeStefano earns $1,250,000.00 per year. Learn More on David DeStefano's salary.

How do I contact David DeStefano?

The corporate mailing address for Mr. DeStefano and other Vertex executives is 2301 RENAISSANCE BOULEVARD, KING OF PRUSSIA PA, 19406. Vertex can also be reached via phone at 800-355-3500 and via email at [email protected]. Learn More on David DeStefano's contact information.

Has David DeStefano been buying or selling shares of Vertex?

David DeStefano has not been actively trading shares of Vertex over the course of the past ninety days. Most recently, David Destefano sold 100,000 shares of the business's stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $20.43, for a transaction totalling $2,043,000.00. Following the completion of the sale, the chief executive officer now directly owns 259,074 shares of the company's stock, valued at $5,292,881.82. Learn More on David DeStefano's trading history.

Who are Vertex's active insiders?

Vertex's insider roster includes Eric Andersen (Director), Lisa Butler (CAO), David DeStefano (CEO), Kevin Robert (Director), Bryan Rowland (General Counsel), John Schwab (CFO), John Stamm (Director), and Jeffery Westphal (Major Shareholder). Learn More on Vertex's active insiders.

Are insiders buying or selling shares of Vertex?

During the last year, insiders at the sold shares 45 times. They sold a total of 7,222,061 shares worth more than $175,044,107.68. The most recent insider tranaction occured on April, 5th when Major Shareholder Jeffrey Westphal sold 791,133 shares worth more than $23,773,546.65. Insiders at Vertex own 45.0% of the company. Learn More about insider trades at Vertex.

Information on this page was last updated on 4/5/2024.

David DeStefano Insider Trading History at Vertex

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/15/2023Sell100,000$20.43$2,043,000.00259,074View SEC Filing Icon  
12/14/2022Sell9,089$16.14$146,696.46267,660View SEC Filing Icon  
12/12/2022Sell9,631$16.05$154,577.55306,749View SEC Filing Icon  
10/10/2022Sell17,671$14.56$257,289.76316,102View SEC Filing Icon  
9/30/2022Sell28,900$13.94$402,866.00333,773View SEC Filing Icon  
9/28/2022Sell36,419$13.59$494,934.21396,603View SEC Filing Icon  
9/19/2022Sell26,340$13.73$361,648.20433,022View SEC Filing Icon  
9/15/2022Sell47,275$14.51$685,960.25520,305View SEC Filing Icon  
7/31/2020Sell160,922$17.77$2,859,583.94
See Full Table

David DeStefano Buying and Selling Activity at Vertex

This chart shows David Destefano's buying and selling at Vertex by year and by quarter.

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Vertex Company Overview

Vertex logo
Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers tax determination; compliance and reporting, including workflow management tools, role-based security, and event logging; tax data management; document management; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions; and technology specific solutions, such as chain flow accelerator and SAP-specific tools. It provides implementation services, such as configuration, data migration and implementation, and support and training; and managed services, including tax return preparation, filing and tax payment, and notice management. The company sells its software products through software licenses and software as a service subscription. Vertex, Inc. was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.
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Today's Range

Now: $29.53
Low: $29.16
High: $29.82

50 Day Range

MA: $29.62
Low: $24.50
High: $33.58

2 Week Range

Now: $29.53
Low: $17.59
High: $35.38

Volume

412,512 shs

Average Volume

911,222 shs

Market Capitalization

$4.56 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.62