DexCom Board Member's Planned Stock Sale Follows Recent RSU Grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DexCom Director Mark G. Foletta reported significant insider trading activity through a pre-planned 10b5-1 sale. On June 16, 2025, Foletta's Family Trust sold 2,750 shares at a weighted average price of $83.129 per share, executed through multiple trades ranging from $82.635 to $83.61.
Following the transaction, Foletta maintains beneficial ownership of:
- 56,621 shares held indirectly through The Foletta Family Trust DTD 1/30/2015
- 5,731 unvested restricted stock units granted on May 8, 2025, which will vest on the earlier of the one-year anniversary or DexCom's 2026 Annual Meeting
The sale was executed under a 10b5-1 trading plan adopted by the Trust on March 13, 2025, designed to enable orderly disposition of shares. This transaction demonstrates planned insider selling activity while maintaining substantial equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,750 shares ($228,605)
Net Sell
2 txns
Insider
FOLETTA MARK G
Role
Director
Sold
2,750 shs ($229K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,750 | $83.129 | $229K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 56,621 shares (Indirect, by Trust);
Common Stock — 5,731 shares (Direct)
Footnotes (1)
- On March 13, 2025, The Foletta Family Trust DTD 1/30/2015 (the "Trust") adopted a 10b5-1 Plan. This 10b5-1 Plan allows the orderly disposition of shares owned by the Trust. The shares set forth above were sold pursuant to the 10b5-1 Plan. This transaction was executed in multiple trades at prices ranging from $82.635 to $83.61. The price above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected. Shares are held by The Foletta Family Trust DTD 1/30/2015, with respect to which the reporting person is a trustee. Represents unvested restricted stock units which were granted on May 8, 2025 and shall vest on the earlier of the one year anniversary of the grant date or the date of DexCom, Inc.'s 2026 Annual Meeting of Stockholders.
FAQ
What is the current DXCM stock ownership of Mark Foletta after the June 2025 transaction?
Following the reported transaction, Mark Foletta owns 56,621 shares indirectly through The Foletta Family Trust and 5,731 shares directly in the form of unvested restricted stock units (RSUs).
Was DXCM Director Foletta's stock sale part of a 10b5-1 trading plan?
Yes, the sale was executed under a 10b5-1 Plan that The Foletta Family Trust adopted on March 13, 2025. This plan was established to allow for orderly disposition of shares owned by the Trust.
When will Mark Foletta's DXCM restricted stock units (RSUs) vest?
The 5,731 RSUs, which were granted on May 8, 2025, will vest on the earlier of either the one-year anniversary of the grant date or the date of DexCom's 2026 Annual Meeting of Stockholders.