Tactile Systems (NASDAQ: TCMD) director awarded 6,521 restricted stock units
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
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Key Figures
Shares granted: 6,521 shares
Grant price: $0.00 per share
Shares held after grant: 55,343 shares
+1 more
4 metrics
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
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"
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""
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.
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.