Director Pearson (NASDAQ: TCMD) receives 6,521 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pearson Andrea reported acquisition or exercise transactions in this Form 4 filing.
Tactile Systems Technology Inc director Andrea Pearson reported an equity grant of 6,521 shares of common stock in the form of restricted stock units at no cost. Following this award, Pearson directly holds 7,373 shares. The restricted stock units will vest in full on the earlier of one year from the grant date or the date of next year’s annual meeting of stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pearson Andrea
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,521 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,373 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock unit grant: 6,521 shares
Post-grant holdings: 7,373 shares
Grant price: $0.00 per share
3 metrics
Restricted stock unit grant
6,521 shares
Grant of common stock RSUs reported on Form 4
Post-grant holdings
7,373 shares
Total common stock directly held after the award
Grant price
$0.00 per share
Equity grant issued at no purchase price
Key Terms
restricted stock units, annual meeting of the stockholders, Grant, award, or other acquisition
3 terms
restricted stock units financial
"The restricted stock units will vest in full on the earlier of one year from the grant date..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
annual meeting of the stockholders financial
"earlier of one year from the grant date or the date of the next year's annual meeting of the stockholders"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Tactile Systems (TCMD) disclose for Andrea Pearson?
Tactile Systems disclosed that director Andrea Pearson received 6,521 shares of common stock as a restricted stock unit grant at no cost, increasing her direct holdings to 7,373 shares after the award, according to a Form 4 insider filing.
What are the vesting terms of Andrea Pearson’s TCMD restricted stock units?
Andrea Pearson’s restricted stock units vest in full on the earlier of one year from the grant date or the date of next year’s annual meeting of stockholders, providing a time-based schedule tied to either tenure or the company’s annual meeting cycle.
What does transaction code "A" mean in the TCMD Form 4 for Andrea Pearson?
Transaction code “A” on the Form 4 indicates a grant, award, or other acquisition of securities. For Andrea Pearson, it reflects the issuance of 6,521 restricted stock units of Tactile Systems common stock at no purchase price.