DXCM Form 4: Trustee Mark Foletta reports 2,750-share disposition at ~$81
Rhea-AI Filing Summary
Mark G. Foletta, a trustee and director of DexCom, Inc. (DXCM), reported sales of company stock executed on 08/15/2025 under a pre-existing 10b5-1 plan. The filing shows two sale transactions: 2,555 shares sold at a weighted average price of $81.0186 (individual trade prices ranged $80.29–$81.22) and 195 shares sold at $81.54. After these transactions, the filing reports beneficial holdings by The Foletta Family Trust of 51,316 and 51,121 shares respectively. The report also discloses 5,731 unvested restricted stock units granted on May 8, 2025 that will vest on the earlier of the one-year anniversary of the grant or DexCom’s 2026 annual meeting.
Positive
- Sales executed under a documented 10b5-1 plan, indicating pre-authorized, orderly disposition
- Clear disclosure of trade prices and ranges (prices ranged $80.29–$81.22; weighted average reported)
- Post-transaction beneficial ownership reported for The Foletta Family Trust (51,316 and 51,121 shares)
Negative
- Insider sold 2,750 shares (2,555 + 195) on 08/15/2025, which reduces the trust's holdings by that amount
Insights
TL;DR: Routine insider sales under a 10b5-1 plan; small absolute size and clearly disclosed prices and post-sale holdings.
The filing documents compliance with a pre-established 10b5-1 disposition plan and provides transaction-level transparency: executed on 08/15/2025 with prices ranging $80.29–$81.22 and a weighted average noted. Sales total 2,750 shares and reported post-transaction beneficial holdings are ~51k shares for the trust. The disclosure of newly granted unvested restricted stock units (5,731 RSUs) is material for understanding future share-based compensation dilution timing. Overall, this is a routine, transparent disclosure with limited immediate balance-sheet or operating impact.
TL;DR: The insider used a documented 10b5-1 plan and the filing includes clear trustee and trust ownership disclosures.
The report affirms governance best practices by noting the existence of a 10b5-1 trading plan adopted March 13, 2025, and by identifying the reporting person’s role as trustee. The form properly discloses the nature of indirect beneficial ownership (held by The Foletta Family Trust) and the signature authority used. The itemized explanation of prices and willingness to provide trade details on request strengthens transparency. No governance red flags appear in the disclosed items.