Dexcom (NASDAQ: DXCM) CEO retains 418,908 shares after tax withholding
Rhea-AI Filing Summary
DEXCOM INC (DXCM) reported that President, CEO, and Director Jacob Steven Leach had 1,451 shares of common stock withheld on 2026-08-22 to cover tax withholding and remittance obligations in connection with the net settlement of restricted stock units; this is explicitly stated not to be a market sale. After this withholding, he holds 418,908 direct shares, including 142,836 unvested restricted stock units with grants from March 8, 2024, 2025, and 2026 that vest through March 8, 2029. He also has 47,296 shares held indirectly through the Gregg Family Grandchildren's Trust, with his spouse serving as trustee.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 1,451 shares
Net Sell
2 txns
Insider
Leach Jacob Steven
Role
President, CEO, and Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 1,451 | $92.34 | $134K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 418,908 shares (Direct);
Common Stock — 47,296 shares (Indirect, Family Holdings)
Footnotes (3)
- F1. 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.
- F2. Included in this number are 142,836 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, 5,699 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.
- F3. 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
Shares withheld for tax obligations: 1,451 shares of Common Stock
Withholding reference price per share: $92.34 per share
Direct holdings after transaction: 418,908 shares of Common Stock
+3 more
6 metrics
Shares withheld for tax obligations
1,451 shares of Common Stock
Withheld on 2026-08-22 to cover tax withholding and remittance obligations
Withholding reference price per share
$92.34 per share
Price associated with 1,451 shares withheld for tax obligations
Direct holdings after transaction
418,908 shares of Common Stock
Direct ownership by Jacob Steven Leach following the withholding transaction
Unvested restricted stock units
142,836 restricted stock units
Included within direct holdings; vesting from March 8, 2024–March 8, 2029
Unvested RSUs granted March 8, 2026
104,516 restricted stock units
Grant on March 8, 2026 vesting through March 8, 2029
Indirect trust holdings
47,296 shares of Common Stock
Held by the Gregg Family Grandchildren's Trust UAD 12/30/2010
Key Terms
restricted stock units, net settlement, tax withholding and remittance obligations, indirect, +1 more
5 terms
restricted stock units financial
"Included in this number are 142,836 unvested restricted stock units, 104,516..."
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
"obligations in connection with the net settlement of restricted stock units..."
tax withholding and remittance obligations financial
"shares required to be withheld by the Issuer to cover tax withholding and remittance obligations..."
indirect financial
"Shares are held by the Gregg Family Grandchildren's Trust... indirect ownership"
trustee financial
"with respect to which the Reporting Person's spouse 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 transaction did DXCM CEO Jacob Steven Leach report on this Form 4?
He reported that 1,451 DXCM shares of common stock were withheld on 2026-08-22 to satisfy tax withholding and remittance obligations related to net settlement of restricted stock units. The company states this does not represent a sale by the reporting person.
How many unvested restricted stock units does the DXCM CEO have and how do they vest?
He has 142,836 unvested restricted stock units: 104,516 granted on March 8, 2026 vesting through March 8, 2029; 23,937 granted on March 8, 2025 vesting through March 8, 2028; 5,699 granted on March 8, 2025 vesting through March 8, 2027; and 8,684 granted on March 8, 2024 vesting through March 8, 2027.
Was this DXCM Form 4 transaction made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not affirmed (aff_10b5_one is false). The reported transaction is a tax-withholding disposition of shares required to cover obligations from restricted stock unit settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.