TCMD (TCMD) CEO Sheri Dodd receives 48,672 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tactile Systems Technology chief executive officer Sheri Louise Dodd reported an equity award on Common Stock. She acquired 48,672 restricted stock units at a stated price of $0.00 per share as a grant or award, bringing her directly held stake to 222,151 shares after the transaction.
The RSUs vest in three equal annual installments, with one-third becoming available on each of the first three anniversaries of the grant date. This structure ties the CEO’s compensation to continued service and the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dodd Sheri Louise
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 48,672 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 222,151 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TCMD CEO Sheri Dodd report on this Form 4?
Sheri Louise Dodd reported receiving 48,672 restricted stock units as a grant or award of Common Stock. The units were recorded at a price of $0.00 per share and increased her directly held stake to 222,151 shares following the transaction.
What are the vesting terms of Sheri Dodd’s 48,672 TCMD restricted stock units?
The 48,672 restricted stock units granted to Sheri Louise Dodd vest in three equal parts. One-third of the RSUs vests on each of the first three anniversaries of the grant date, creating a multi‑year, time‑based vesting schedule tied to her ongoing service.
What does transaction code "A" mean in the TCMD CEO’s Form 4?
In this Form 4, transaction code "A" is described as a grant, award, or other acquisition of Common Stock. For Sheri Louise Dodd, it reflects the issuance of 48,672 restricted stock units as part of her equity compensation, not a market trade.