STOCK TITAN

Tax-cover stock sale by Tactile Systems (TCMD) CFO disclosed

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Tactile Systems Technology Inc. chief financial officer Elaine M. Birkemeyer reported an open-market sale of 7,701 shares of common stock on February 24, 2026. The shares were sold to cover taxes associated with the settlement of stock units.

The filing states a weighted average sale price of $28.9417 per share, with individual trades executed between $28.50 and $29.45 per share. After this transaction, Birkemeyer directly holds 134,819 shares of Tactile Systems common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Birkemeyer Elaine M.

(Last) (First) (Middle)
3701 WAYZATA BLVD.
STE 300

(Street)
MINNEAPOLIS MN 55416

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TACTILE SYSTEMS TECHNOLOGY INC [ TCMD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF FINANCIAL OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/24/2026 S 7,701(1) D $28.9417(2) 134,819 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares were sold to cover taxes associated with the settlement of stock units.
2. Reflects the weighted average price of 7,701 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on February 24, 2026 with sale prices ranging from $28.50 to $29.45 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
/s/ Jonathan Zimmerman, Attorney-in-Fact 02/26/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Tactile Systems (TCMD) report for its CFO?

Tactile Systems reported that CFO Elaine M. Birkemeyer sold 7,701 shares of common stock. The sale occurred on February 24, 2026 and was conducted as an open-market transaction disclosed in a Form 4 insider filing.

How many Tactile Systems (TCMD) shares did the CFO sell and why?

The CFO sold 7,701 shares of Tactile Systems common stock. According to the filing footnote, these shares were sold specifically to cover taxes associated with the settlement of previously granted stock units.

At what prices were the Tactile Systems (TCMD) CFO’s shares sold?

The filing reports a weighted average sale price of $28.9417 per share. Individual trades for the 7,701 shares took place at prices ranging from $28.50 to $29.45 per share on February 24, 2026.

How many Tactile Systems (TCMD) shares does the CFO hold after the sale?

After the reported transaction, CFO Elaine M. Birkemeyer directly owns 134,819 shares of Tactile Systems common stock. This post-transaction balance is disclosed in the Form 4 as the total shares held following the sale.

Was the Tactile Systems (TCMD) CFO’s stock sale an open-market transaction?

Yes. The transaction is coded as an open-market or private sale, with the description indicating an open-market sale of common stock. The Form 4 labels the transaction as an open-market sale under transaction code “S.”

Who is the insider involved in the latest Tactile Systems (TCMD) Form 4?

The insider is Elaine M. Birkemeyer, who serves as chief financial officer of Tactile Systems Technology Inc. She is listed as an officer (CFO) and the reporting person for the 7,701-share sale disclosed in the Form 4.
Tactile Systems

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