Dexcom (NASDAQ: DXCM) legal chief sells stock under 10b5-1 plan
Rhea-AI Filing Summary
DEXCOM INC executive Michael Jon Brown, EVP Chief Legal Compliance Officer, reported selling 1,700 shares of common stock on August 14, 2026 at $91.93 per share in an open-market transaction under a pre-arranged Rule 10b5-1 Plan. Following this sale, he directly holds 102,953 shares, including 74,753 unvested restricted stock units that are scheduled to vest in tranches through March 8, 2029.
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Insider Trade Summary 10b5-1
Net Seller: 1,700 shares
Net Sell
1 txn
Insider
Brown Michael Jon
Role
EVP Chief Legal Compliance Off
Sold
1,700 shs ($156K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,700 | $91.93 | $156K |
Holdings After Transaction:
Common Stock — 102,953 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. Included in this number are 74,753 unvested restricted stock units, 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, 8,549 of which were granted on March 8, 2025 and shall vest through March 8, 2027, 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 per share: $91.93 per share
Shares held after transaction: 102,953 shares
+5 more
8 metrics
Shares sold
1,700 shares
Common stock sale on August 14, 2026 by Michael Jon Brown
Sale price per share
$91.93 per share
Price for the 1,700 Dexcom common shares sold on August 14, 2026
Shares held after transaction
102,953 shares
Direct holdings of Michael Jon Brown following the August 14, 2026 sale
Unvested RSUs included in holdings
74,753 units
Unvested restricted stock units included in the 102,953-share post-transaction balance
RSUs granted March 8, 2026
39,019 units
Part of unvested RSUs scheduled to vest through March 8, 2029
RSUs granted March 8, 2025 (2028 tranche)
19,948 units
Unvested RSUs vesting through March 8, 2028
RSUs granted March 8, 2025 (2027 tranche)
8,549 units
Unvested RSUs vesting through March 8, 2027
RSUs granted March 8, 2024
7,237 units
Unvested RSUs vesting through March 8, 2027
Key Terms
Rule 10b5-1 Plan, restricted stock units, unvested, open market or private transaction
4 terms
Rule 10b5-1 Plan regulatory
"This 10b5-1 Plan allows the orderly disposition of shares owned"
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.
restricted stock units financial
"Included in this number are 74,753 unvested 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.
unvested financial
"Included in this number are 74,753 unvested restricted stock units"
open market or private transaction market
"Sale in open market or private transaction"
FAQ
What insider transaction did DXCM executive Michael Jon Brown report?
Michael Jon Brown reported a sale of 1,700 shares of Dexcom common stock on August 14, 2026 at $91.93 per share. The transaction was described as a sale in the open market or a private transaction under a Rule 10b5-1 Plan.
Was the DXCM insider sale by Michael Jon Brown under a Rule 10b5-1 plan?
Yes. The filing states that Brown adopted a Rule 10b5-1 Plan on November 26, 2025, and the 1,700-share sale was executed pursuant to this plan. The plan is described as allowing the orderly disposition of his Dexcom shares.
What unvested restricted stock units does Michael Jon Brown have at DXCM?
Brown’s holdings include 74,753 unvested restricted stock units. These comprise grants on March 8, 2026, March 8, 2025, and March 8, 2024, with portions scheduled to vest through March 8, 2029, according to the vesting schedule disclosed.
What is the significance of the 10b5-1 plan mentioned in the DXCM Form 4?
The filing explains that Brown’s 10b5-1 Plan, adopted on November 26, 2025, permits the orderly disposition of his Dexcom shares. The August 14, 2026 sale of 1,700 shares was executed pursuant to this pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.