[144] Tactile Systems Technology, Inc. SEC Filing
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.
- 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.
- 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.