STOCK TITAN

Tactile Systems (NASDAQ: TCMD) director awarded 6,521 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Tactile Systems Technology director David Brent Shafer received an equity award in the form of restricted stock units. He acquired 6,521 shares of common stock on a grant or award basis at no purchase price. After this award, he directly holds 55,343 common 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 the stockholders.

Positive

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Insider Shafer David Brent
Role null
Type Security Shares Price Value
Grant/Award Common Stock 6,521 $0.00 --
Holdings After Transaction: Common Stock — 55,343 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 6,521 shares Restricted stock unit award on May 6, 2026
Grant price $0.00 per share Equity grant, not an open-market purchase
Shares held after grant 55,343 shares Total direct common stock holdings following transaction
Vesting period Earlier of 1 year or next annual meeting RSU vesting condition from grant date
restricted stock units financial
"The restricted stock units will vest in full on the earlier of one year"
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
"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""
SEC Form 4
FORM 4UNITED 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*
Shafer David Brent

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

(Street)
MINNEAPOLIS MINNESOTA 55416

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
TACTILE SYSTEMS TECHNOLOGY INC [ TCMD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/06/2026A6,521(1)A$055,343D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The restricted stock units will vest in full on the earlier of one year from the grant date or the date of the next year's annual meeting of the stockholders.
/s/ Jonathan Zimmerman, Attorney-in-Fact05/08/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did TCMD director David Brent Shafer report?

Director David Brent Shafer reported an equity grant of 6,521 restricted stock units of Tactile Systems Technology common stock. The award was recorded at a price of $0.00 per share as part of his compensation, not an open-market purchase or sale.

How many TCMD shares does David Brent Shafer hold after this Form 4?

After this grant, David Brent Shafer directly holds 55,343 shares of Tactile Systems Technology common stock. This total includes the 6,521 shares acquired through the reported restricted stock unit award on May 6, 2026, as shown in the Form 4 filing.

What are the vesting terms of the TCMD restricted stock units granted to Shafer?

The restricted stock units granted to Shafer vest in full on the earlier of one year from the grant date or the date of next year's annual meeting of stockholders. This time-based vesting schedule ties his equity award to continued board service over that period.

Was cash paid for the TCMD shares in Shafer’s Form 4 transaction?

No cash changed hands in this transaction. The filing shows 6,521 shares of Tactile Systems Technology common stock acquired at a price of $0.00 per share, indicating a grant or award of restricted stock units rather than an open-market purchase.

Does this TCMD Form 4 show a buy or sell of shares on the market?

The Form 4 does not show a market buy or sell. It records a grant or award acquisition of 6,521 restricted stock units, coded as an “A” transaction, which is compensation-related rather than an open-market trade in Tactile Systems Technology shares.