Dexcom (DXCM) director Steven Altman gifts 10,074 shares to family trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dexcom director Steven R. Altman reported a bona fide gift of 10,074 shares of Dexcom common stock. The filing shows two gift transactions of 5,037 shares each on common stock. Following these transactions, 63,667 shares are held indirectly through the Altman Family Trust, where Altman serves as trustee, and his direct holdings in these reported shares are now zero.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,074 shares gifted
Mixed
2 txns
Insider
ALTMAN STEVEN R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 5,037 | $0.00 | -- |
| Gift | Common Stock | 5,037 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null);
Common Stock — 63,667 shares (Indirect, by Trust)
Footnotes (1)
- Shares were transferred from direct ownership to ownership under the Steven R. and Lisa J. Altman, TTEE's Altman Family Trust DTD 8/21/92, upon vesting of previously awarded restricted stock units. Shares are held by the Steven R. and Lisa J. Altman, TTEE's Altman Family Trust DTD 8/21/92, with respect to which the reporting person is a trustee.
Key Figures
Gifted shares total: 10,074 shares
Individual gift transactions: 5,037 shares each
Indirect holdings after transaction: 63,667 shares
+2 more
5 metrics
Gifted shares total
10,074 shares
Bona fide gift of Dexcom common stock
Individual gift transactions
5,037 shares each
Two non-derivative gift dispositions
Indirect holdings after transaction
63,667 shares
Held via Altman Family Trust after gifts
Direct holdings after transaction
0 shares
Direct position in these reported shares
Gift price per share
$0.0000 per share
Bona fide gift, not a market sale
Key Terms
bona fide gift, restricted stock units, indirect ownership, Altman Family Trust
4 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
restricted stock units financial
"upon vesting of previously awarded restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
indirect ownership financial
"total_shares_following_transaction 63,667.0000, ownership_type indirect"
Altman Family Trust financial
"Altman Family Trust DTD 8/21/92, with respect to which the reporting person is a trustee"
FAQ
What insider transaction did Dexcom (DXCM) director Steven R. Altman report?
Steven R. Altman reported a bona fide gift of Dexcom common stock totaling 10,074 shares. The filing shows two gift transactions of 5,037 shares each, classified as non-derivative dispositions at zero dollars per share.
What role does the Altman Family Trust play in Steven R. Altman’s Dexcom (DXCM) holdings?
The filing states that shares are held by the Altman Family Trust, with Steven R. and Lisa J. Altman as trustees. This means his reported post-transaction Dexcom holdings of 63,667 shares are held indirectly through that trust structure.