Dexcom (DXCM) EVP sells 1,700 shares, still holds 111,204
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dexcom Inc.’s EVP and Chief Legal Officer Michael Jon Brown sold 1,700 shares of common stock in an open-market transaction. The shares were sold at $63.04 each under a pre-arranged Rule 10b5-1 trading plan adopted on November 26, 2025.
Following this sale, Brown directly owns 111,204 Dexcom shares77,603 unvested RSUs, with grants made on March 8, 2026, March 8, 2025, and March 8, 2024 that are scheduled to vest through March 8, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,700 shares ($107,168)
Net Sell
1 txn
Insider
Brown Michael Jon
Role
EVP, Chief Legal Officer
Sold
1,700 shs ($107K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,700 | $63.04 | $107K |
Holdings After Transaction:
Common Stock — 111,204 shares (Direct)
Footnotes (1)
- On November 26, 2025, Mr. Brown adopted a 10b5-1 Plan. This 10b5-1 Plan allows the orderly disposition of shares owned by Mr. Brown. The shares set forth above were sold pursuant to the 10b5- 1 Plan. Included in this number are 77,603 unvested RSUs, 39,019 of which were granted on March 8, 2026 and shall vest through March 8, 2029, 19,948 of which were granted on March 8, 2025 and shall vest through March 8, 2028, 11,399 of which were granted on March 8, 2025 and shall vest through March 8, 2027, and 7,237 of which were granted on March 8, 2024 and shall vest through March 8, 2027.
Key Figures
Shares sold: 1,700 shares
Sale price: $63.04 per share
Shares owned after sale: 111,204 shares
+5 more
8 metrics
Shares sold
1,700 shares
Open-market sale on April 15, 2026
Sale price
$63.04 per share
Price received in the April 15, 2026 sale
Shares owned after sale
111,204 shares
Direct Dexcom holdings following the reported transaction
Unvested RSUs included
77,603 RSUs
Portion of Brown’s 111,204-share holding that is unvested RSUs
2026 RSU grant
39,019 RSUs
Granted March 8, 2026, vesting through March 8, 2029
2025 RSU grants
19,948 and 11,399 RSUs
Granted March 8, 2025, vesting through March 8, 2028 and March 8, 2027
2024 RSU grant
7,237 RSUs
Granted March 8, 2024, vesting through March 8, 2027
Trading plan adoption date
November 26, 2025
Date Brown adopted his Rule 10b5-1 Plan
Key Terms
Rule 10b5-1 Plan, unvested RSUs, open-market sale
3 terms
Rule 10b5-1 Plan regulatory
"This 10b5-1 Plan allows the orderly disposition of shares owned by Mr. Brown."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
unvested RSUs financial
"Included in this number are 77,603 unvested RSUs, 39,019 of which were granted on March 8, 2026"
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What did Dexcom (DXCM) executive Michael Jon Brown report in this Form 4?
Michael Jon Brown, EVP and Chief Legal Officer of Dexcom, reported selling 1,700 shares of common stock at $63.04 per share. The transaction was an open-market sale executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 26, 2025.
What is the significance of the Rule 10b5-1 plan mentioned in Dexcom (DXCM) insider filing?
The filing notes Brown adopted a Rule 10b5-1 Plan on November 26, 2025, allowing orderly, pre-scheduled share sales. The 1,700 shares in this transaction were sold pursuant to that plan, indicating the sale was planned in advance rather than opportunistic market timing.
What unvested RSUs are included in Michael Jon Brown’s Dexcom (DXCM) holdings?
Brown’s 111,204-share holding includes 77,603 unvested RSUs. Of these, 39,019 were granted March 8, 2026, 19,948 and 11,399 were granted March 8, 2025, and 7,237 were granted March 8, 2024, with vesting running through March 8, 2029.