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[144] Tactile Systems Technology, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Tactile Systems Technology, Inc. (TCMD) submitted a Form 144 reporting a proposed sale of 7,762 common shares with an aggregate market value of $95,905.72. The filing names Fidelity Brokerage Services LLC as the broker and lists 22,292,145 shares outstanding. The approximate sale date is 08/08/2025 and the securities are listed on NASDAQ. The reported acquisition occurred on 08/07/2025 and is described as Restricted Stock Vesting, with payment characterized as Compensation. The form indicates Nothing to Report for securities sold in the past three months and was submitted as a LIVE filing. The signature section includes the required representation about lack of undisclosed material information.

Positive
  • Required disclosure provided: The filer submitted a Form 144 with broker and transaction details.
  • Acquisition method disclosed: The securities were acquired via Restricted Stock Vesting and payment is listed as Compensation.
  • No prior sales reported: The form states Nothing to Report for securities sold in the past three months.
Negative
  • None.

Insights

TL;DR: Routine Form 144 discloses a small proposed sale of recently vested restricted stock, reported through a broker on NASDAQ.

The filing shows a proposed disposition of 7,762 common shares with an aggregate market value of $95,905.72, executed through Fidelity Brokerage Services LLC. The securities were acquired via Restricted Stock Vesting on 08/07/2025 and an approximate sale date of 08/08/2025 is reported. The form also states Nothing to Report for prior three-month sales, indicating no other reported dispositions by the person in that period. This appears to be a routine, required disclosure of a compensation-related sale.

TL;DR: Disclosure meets filing requirements; rapid sale after vesting is documented but the filing does not indicate material non-public information.

The notice includes the standard attestation that the signer does not possess undisclosed material adverse information. It documents the acquisition as a Restricted Stock Vesting event and lists the transaction as compensation-paid. The filing was submitted as LIVE and identifies the broker and exchange. From a governance perspective, the form provides the key required facts for investor transparency, without additional contextual detail in the filing itself.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

How many shares does TCMD intend to sell according to the Form 144?

The Form 144 reports a proposed sale of 7,762 shares.

What is the aggregate market value of the shares in the TCMD Form 144?

The aggregate market value is reported as $95,905.72.

When were the TCMD shares acquired and how were they acquired?

The shares were acquired on 08/07/2025 by Restricted Stock Vesting.

What is the approximate sale date and exchange listed on the Form 144 for TCMD?

The approximate sale date is 08/08/2025 and the exchange is NASDAQ.

Does the Form 144 report any securities sold in the past three months for this account?

No; the filing states Nothing to Report for securities sold during the past three months.
Tactile Systems

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Medical Devices
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United States
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