---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-114633"
form_type: "8-K"
ticker: "VERX"
cik: "0001806837"
company_name: "Vertex, Inc."
filed_at: "2025-11-20T23:59:59+00:00"
generated_at: "2026-05-16T18:08:56.257806+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Vertex amends credit agreement to permit increased dividends and share repurchases

## Summary
- First Amendment to Credit Agreement dated Nov 14, 2025 adds capacity for dividends/distributions including share repurchases.
- Conditions: no event of default and pro forma secured debt net leverage ratio less than 2.50x.
- Amendment executed by Vertex, guarantors, PNC Bank as admin agent, and lenders TD Bank and Wells Fargo.

## SEC filing metadata
- accession: 0001104659-25-114633
- form_type: 8-K
- ticker: VERX
- cik: 0001806837
- company_name: Vertex, Inc.
- filed_at: 2025-11-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1806837/000110465925114633/0001104659-25-114633-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806837/000110465925114633/tm2531881d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-114633
- JSON: https://secwatch.observer/filing/0001104659-25-114633.json
- Plain text: https://secwatch.observer/filing/0001104659-25-114633.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.