Dexcom (DXCM) chair’s 10b5-1 sale leaves 382,482 shares held
Rhea-AI Filing Summary
Dexcom Executive Chair Kevin R. Sayer reported an open-market sale of 26,759 shares of Dexcom common stock on May 21, 2026 at $72.00 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 18, 2026, which is designed to allow the orderly disposition of his shares over time.
Following this sale, Sayer directly owns 382,482 Dexcom shares, which include 106,972 unvested restricted stock units. These unvested units stem from grants made on March 8, 2024, 2025, and 2026, each scheduled to vest gradually through dates between 2027 and 2028.
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Insider Trade Summary 10b5-1
Net Seller: 26,759 shares ($1,926,648)
Net Sell
1 txn
Insider
SAYER KEVIN R
Role
Executive Chair
Sold
26,759 shs ($1.93M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 26,759 | $72.00 | $1.93M |
Holdings After Transaction:
Common Stock — 382,482 shares (Direct)
Footnotes (1)
- On February 18, 2026, Mr. Sayer adopted a 10b5-1 Plan. This 10b5-1 Plan allows the orderly disposition of shares owned by Mr. Sayer. The shares set forth above were sold pursuant to the 10b5- 1 Plan. Included in this number are 106,972 unvested restricted stock units, 32,749 of which were granted on March 8, 2026 and shall vest through March 8, 2027, 56,993 of which were granted on March 8, 2025 and shall vest through March 8, 2028, and 17,230 of which were granted on March 8, 2024 and shall vest through March 8, 2027.
Key Figures
Shares sold: 26,759 shares
Sale price: $72.00 per share
Shares held after sale: 382,482 shares
+4 more
7 metrics
Shares sold
26,759 shares
Open-market sale on May 21, 2026
Sale price
$72.00 per share
Price for Dexcom common stock sold
Shares held after sale
382,482 shares
Total direct ownership following transaction
Unvested RSUs included
106,972 units
Unvested restricted stock units within post-sale holdings
2026 RSU grant
32,749 units
Granted March 8, 2026; vesting through March 8, 2027
2025 RSU grant
56,993 units
Granted March 8, 2025; vesting through March 8, 2028
2024 RSU grant
17,230 units
Granted March 8, 2024; vesting through March 8, 2027
Key Terms
Rule 10b5-1 Plan, open-market sale, restricted stock units, unvested, +1 more
5 terms
Rule 10b5-1 Plan regulatory
"On February 18, 2026, Mr. Sayer adopted a 10b5-1 Plan."
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.
open-market sale financial
"transaction_action: "open-market sale" for the common stock transaction"
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.
restricted stock units financial
"Included in this number are 106,972 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 106,972 unvested restricted stock units"
transaction code "S" regulatory
"transaction_code: "S" with description Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Dexcom (DXCM) report for Kevin R. Sayer?
Dexcom reported that Executive Chair Kevin R. Sayer sold 26,759 shares of common stock in an open-market transaction at $72.00 per share. The sale occurred on May 21, 2026, and was disclosed on a Form 4 insider trading report.
Was the Dexcom (DXCM) insider sale by Kevin Sayer part of a 10b5-1 plan?
Yes. The filing states that Kevin R. Sayer adopted a Rule 10b5-1 trading plan on February 18, 2026. The 26,759 shares sold on May 21, 2026 were executed pursuant to this pre-arranged plan, indicating the sale was scheduled in advance.
What restricted stock units are included in Kevin Sayer’s Dexcom (DXCM) holdings?
Sayer’s post-transaction holdings include 106,972 unvested restricted stock units. These comprise 32,749 units granted March 8, 2026 vesting through March 8, 2027, 56,993 units granted March 8, 2025 vesting through March 8, 2028, and 17,230 units granted March 8, 2024 vesting through March 8, 2027.
What does transaction code "S" mean in the Dexcom (DXCM) Form 4 filing?
In this Form 4, transaction code “S” indicates a sale of non-derivative securities. The filing further clarifies it as an open-market or private transaction, confirming that Kevin R. Sayer disposed of Dexcom common stock rather than acquiring additional shares.