Dexcom (NASDAQ: DXCM) CEO has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dexcom Inc. President, CEO, and Director Jacob Steven Leach reported a tax-related share withholding and updated holdings. On this Form 4, 1,451 shares of common stock were withheld at $71.90 per share to satisfy tax obligations tied to net settlement of restricted stock units, and a footnote states this does not represent a sale by him.
After this withholding, Leach directly owned 420,359 Dexcom shares. A separate entry shows 47,296 shares held indirectly as family holdings through the Gregg Family Grandchildren's Trust, where his spouse serves as a trustee. Footnotes also note 145,686 unvested restricted stock units scheduled to vest between March 8, 2027 and March 8, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Leach Jacob Steven
Role
President, CEO, and Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,451 | $71.90 | $104K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 420,359 shares (Direct, null);
Common Stock — 47,296 shares (Indirect, Family Holdings)
Footnotes (1)
- Represents the number of shares required to be withheld by the Issuer to cover tax withholding and remittance obligations in connection with the net settlement of restricted stock units and does not represent a sale by the Reporting Person. Included in this number are 145,686 unvested restricted stock units, 104,516 of which were granted on March 8, 2026 and shall vest through March 8, 2029, 23,937 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, and 8,684 of which were granted on March 8, 2024 and shall vest through March 8, 2027. Shares are held by the Gregg Family Grandchildren's Trust UAD 12/30/2010, with respect to which the Reporting Person's spouse is a trustee.
Key Figures
Tax withholding shares: 1,451 shares
Withholding price: $71.90/share
Direct shares after transaction: 420,359 shares
+5 more
8 metrics
Tax withholding shares
1,451 shares
Withheld at $71.90 per share to cover RSU tax obligations
Withholding price
$71.90/share
Value per share for 1,451 withheld shares
Direct shares after transaction
420,359 shares
Direct Dexcom common stock held following tax withholding
Indirect family trust holdings
47,296 shares
Shares held by Gregg Family Grandchildren's Trust
Total unvested RSUs
145,686 RSUs
Unvested restricted stock units scheduled to vest through March 8, 2029
RSUs granted March 8, 2026
104,516 RSUs
Grant vesting through March 8, 2029
RSUs granted March 8, 2025 (two grants)
32,486 RSUs
23,937 vesting through March 8, 2028 and 8,549 through March 8, 2027
RSUs granted March 8, 2024
8,684 RSUs
Grant vesting through March 8, 2027
Key Terms
restricted stock units, net settlement, tax withholding, unvested restricted stock units, +1 more
5 terms
restricted stock units financial
"in connection with the net settlement of restricted stock units and does not represent a sale"
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.
net settlement financial
"to cover tax withholding and remittance obligations in connection with the net settlement of restricted stock units"
tax withholding financial
"required to be withheld by the Issuer to cover tax withholding and remittance obligations"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
unvested restricted stock units financial
"Included in this number are 145,686 unvested restricted stock units, 104,516 of which were granted"
Family Grandchildren's Trust financial
"Shares are held by the Gregg Family Grandchildren's Trust UAD 12/30/2010"
FAQ
What did Dexcom (DXCM) CEO Jacob Steven Leach report in this Form 4?
Dexcom CEO Jacob Steven Leach reported a tax-related share withholding and updated his share ownership. The filing shows shares withheld to cover RSU tax obligations, a large remaining direct stake, indirect family trust holdings, and a sizable pool of unvested restricted stock units.
What indirect Dexcom (DXCM) holdings are reported for Jacob Leach?
The filing reports 47,296 Dexcom shares held indirectly as family holdings. These shares are owned by the Gregg Family Grandchildren's Trust UAD 12/30/2010, for which Jacob Leach’s spouse acts as trustee, providing additional exposure beyond his direct share ownership.
How many unvested Dexcom (DXCM) restricted stock units does Jacob Leach have?
Footnotes state Jacob Leach has 145,686 unvested restricted stock units. These include grants made on March 8 in 2024, 2025, and 2026, with scheduled vesting dates ranging from March 8, 2027 through March 8, 2029, extending his future equity-based compensation.
Does this Dexcom (DXCM) Form 4 show an open-market stock sale by Jacob Leach?
The Form 4 does not show an open-market sale by Jacob Leach. Instead, it records 1,451 shares withheld by Dexcom to satisfy tax withholding and remittance obligations arising from net settlement of restricted stock units, as clarified explicitly in a transaction footnote.