Tactile Systems (NASDAQ: TCMD) director to sell 11,255 shares
Rhea-AI Filing Summary
Tactile Systems Technology Inc (TCMD) received a Rule 144 notice indicating that board member William W. Burke plans to sell restricted shares of the company’s common stock. The notice lists a proposed sale of 11,255 restricted common shares, to be sold for Burke’s account, with Merrill Lynch identified in the securities information section and NASDAQ as the trading market. The notice is dated 08/19/2026 and is signed by Billy Corbellini.
Positive
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Negative
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Key Figures
Shares to be sold: 11,255 shares
Date of Notice: 08/19/2026
Security class: Common stock (Restricted)
3 metrics
Shares to be sold
11,255 shares
Restricted common shares of Tactile Systems Technology Inc to be sold for William W. Burke’s account under Rule 144
Date of Notice
08/19/2026
Date shown in the notice and signature section of the Form 144 for Tactile Systems Technology Inc
Security class
Common stock (Restricted)
Class of Tactile Systems Technology Inc securities indicated in the securities information and securities-to-be-sold sections
Key Terms
Rule 144, restricted, Date of Notice
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted regulatory
"Common | 05/11/2026 | Restricted | Issuer"
Date of Notice regulatory
"Date of Notice | 08/19/2026"
FAQ
What type of TCMD securities are involved in William W. Burke’s Form 144?
The filing relates to restricted common shares of Tactile Systems Technology Inc (TCMD). The securities to be sold are described as common stock classified as Restricted in the Form 144 securities-to-be-sold section.
When was the Form 144 notice for TCMD signed and dated?
The notice for Tactile Systems Technology Inc (TCMD) is listed with a Date of Notice of 08/19/2026 and is signed by Billy Corbellini, as shown in the remarks and signature section of the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.