DexCom (NASDAQ: DXCM) director granted 5,565 RSUs and holds 63,667 shares via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALTMAN STEVEN R reported acquisition or exercise transactions in this Form 4 filing.
DexCom director Steven R. Altman received a grant of 5,565 restricted stock units of DexCom common stock. The award was granted on May 28, 2026 and will vest 100% on the earlier of the one-year anniversary of the grant date or DexCom's 2027 Annual Meeting of Stockholders. Each unit represents a contingent right to receive one share of common stock upon settlement. Following the grant, Altman holds 5,565 shares directly from this award and 63,667 shares indirectly through the Altman Family Trust, where he serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
ALTMAN STEVEN R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,565 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,565 shares (Direct, null);
Common Stock — 63,667 shares (Indirect, by Trust)
Footnotes (1)
- The RSU Award was granted on May 28, 2026 and 100% of the RSU Award will vest on the earlier of the one year anniversary of the grant date or the date of DexCom, Inc.'s 2027 Annual Meeting of Stockholders. Each share is represented by a restricted stock unit (RSU) that represents a contingent right to receive one share of DexCom, Inc. Common Stock upon settlement. 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
RSU grant size: 5,565 shares
Grant price per share: $0.0000 per share
Direct holdings after grant: 5,565 shares
+2 more
5 metrics
RSU grant size
5,565 shares
Restricted stock units granted on May 28, 2026
Grant price per share
$0.0000 per share
Compensation-related equity award, not open-market purchase
Direct holdings after grant
5,565 shares
Common stock represented by RSUs following the reported award
Indirect trust holdings
63,667 shares
Shares held by the Altman Family Trust where Altman is trustee
Vesting condition
Earlier of 1-year from grant or 2027 meeting
100% of RSU award vests on earlier of these two dates
Key Terms
restricted stock unit (RSU), Annual Meeting of Stockholders, contingent right, trustee
4 terms
restricted stock unit (RSU) financial
"Each share is represented by a restricted stock unit (RSU) that represents a contingent right to receive one share"
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
Annual Meeting of Stockholders financial
"will vest on the earlier of the one year anniversary of the grant date or the date of DexCom, Inc.'s 2027 Annual Meeting of Stockholders"
contingent right financial
"RSU that represents a contingent right to receive one share of DexCom, Inc. Common Stock upon settlement"
trustee financial
"Altman Family Trust DTD 8/21/92, with respect to which the Reporting Person is a trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What insider transaction did DexCom (DXCM) director Steven R. Altman report?
Steven R. Altman reported receiving a grant of 5,565 restricted stock units of DexCom common stock. The Form 4 shows this as a compensation-related award, not an open-market purchase or sale, with shares delivered upon future vesting and settlement.
How do Steven R. Altman’s 5,565 DexCom (DXCM) RSUs vest?
The 5,565 restricted stock units vest 100% on the earlier of the one-year anniversary of the May 28, 2026 grant date or DexCom’s 2027 Annual Meeting of Stockholders. Vesting must occur before shares of common stock are actually delivered.
Is Steven R. Altman’s DexCom (DXCM) RSU grant an open-market stock purchase?
No. The Form 4 describes the 5,565-share transaction as a grant or award acquisition with a per-share price of $0.00. This indicates a compensation-related equity award rather than shares bought on the open market for cash.