Tactile Systems (TCMD) CEO sells 10,993 shares to cover tax bill
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,993 shares ($318,144)
Net Sell
1 txn
Insider
Dodd Sheri Louise
Role
Chief Executive Officer
Sold
10,993 shs ($318K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,993 | $28.9406 | $318K |
Holdings After Transaction:
Common Stock — 243,885 shares (Direct)
Footnotes (1)
- These shares were sold to cover taxes associated with the settlement of stock units. 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.
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.
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.