Tactile Systems (TCMD) CEO sells 10,993 shares to cover tax bill

Rhea-AI Filing Summary

Tactile Systems Technology Chief Executive Officer Sheri Louise Dodd reported an open-market sale of 10,993 shares of common stock on February 24, 2026 at a weighted average price of $28.9406 per share. According to the disclosure, these shares were sold to cover taxes associated with the settlement of stock units. After this transaction, Dodd directly owns 243,885 shares of Tactile Systems Technology common stock. The sale was executed in multiple trades with prices ranging from $28.50 to $29.45 per share.

SEC Form 4

FORM 4

UNITED 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

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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^*

Dodd Sheri Louise

(Last) (First) (Middle)

3701 WAYZATA BLVD.

SUITE 300

(Street)

MINNEAPOLIS MN 55416

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
TACTILE SYSTEMS TECHNOLOGY INC [ TCMD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/24/2026		S		10,993(1)	D	$28.9406(2)	243,885	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were sold to cover taxes associated with the settlement of stock units.

2. Reflects the weighted average price of 10,993 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.

	/s/ Jonathan Zimmerman, Attorney-in-Fact	02/26/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did TCMD’s CEO report on this Form 4?

The CEO of Tactile Systems Technology (TCMD), Sheri Louise Dodd, reported selling 10,993 shares of common stock. The shares were sold in an open-market transaction on February 24, 2026 as disclosed in the Form 4 filing.

At what prices did the TCMD CEO sell the 10,993 shares?

Sheri Louise Dodd sold 10,993 TCMD shares at a weighted average price of $28.9406 per share. The filing notes multiple trades, with sale prices ranging from $28.50 to $29.45 per share on February 24, 2026.

Why did Tactile Systems’ CEO sell 10,993 shares of TCMD stock?

The Form 4 states the 10,993 shares were sold to cover taxes associated with the settlement of stock units. This indicates the transaction was tied to tax obligations arising from equity compensation rather than a standalone discretionary share sale.

How many TCMD shares does the CEO hold after this reported sale?

Following the reported sale of 10,993 shares, Sheri Louise Dodd directly owns 243,885 shares of Tactile Systems Technology common stock. This post-transaction holding amount is explicitly disclosed in the Form 4 as the total shares owned afterward.

What type of transaction was reported in the TCMD Form 4 filing?

The filing reports an open-market sale of common stock, coded as “S” for a sale transaction. It is categorized as a non-derivative transaction, meaning it involved actual common shares rather than options or other derivative securities.

How many total TCMD shares did the CEO sell in this Form 4 transaction?

Sheri Louise Dodd sold 10,993 shares of Tactile Systems Technology common stock. The transaction summary in the Form 4 also shows a net-sell direction of 10,993 shares, reflecting that all reported activity in this filing was a sale.