Tax-cover stock sale by Tactile Systems (TCMD) CFO disclosed
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 7,701 shares ($222,880)
Net Sell
1 txn
Insider
Birkemeyer Elaine M.
Role
CHIEF FINANCIAL OFFICER
Sold
7,701 shs ($223K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,701 | $28.9417 | $223K |
Holdings After Transaction:
Common Stock — 134,819 shares (Direct)
Footnotes (1)
- These shares were sold to cover taxes associated with the settlement of stock units. 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.
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.
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.