Tactile Systems (TCMD) VP earns PSUs and sells shares for taxes

Rhea-AI Filing Summary

Tactile Systems Technology senior vice president Kristie Burns reported both equity awards and share sales in this Form 4. On February 20, 2026, she acquired a total of 14,671 shares of common stock through performance stock units earned for 2025, with 3,490 and 4,058 PSUs vesting immediately and 7,123 PSUs scheduled to vest in 2027 once 2026 performance is determined.

On February 23, 2026, she sold 4,279 shares at a weighted average price of $28.2827 and 160 shares at a weighted average price of $28.6893 in open-market transactions, with a footnote stating these sales were to cover taxes associated with the settlement of stock units. After these transactions, she directly owned 88,827 shares of Tactile Systems Technology common stock.

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^*

Burns Kristie

(Last) (First) (Middle)

3701 WAYZATA BLVD.

STE 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. VP Mktg & Clinical Affairs

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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	02/20/2026		A		3,490(1)	A	$0	82,085	D
Common Stock	02/20/2026		A		4,058(2)	A	$0	86,143	D
Common Stock	02/20/2026		A		7,123(3)	A	$0	93,266	D
Common Stock	02/23/2026		S		4,279(4)	D	$28.2827(5)	88,987	D
Common Stock	02/23/2026		S		160(4)	D	$28.6893(6)	88,827	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. On February 22, 2023, the reporting person was granted performance stock units ("PSUs"), with one-third of such PSUs to be earned based on the extent to which certain performance conditions were met for a performance period of 2025. As determined on February 20, 2026, based on actual performance for 2025, the reporting person earned 3,490 PSUs. Those earned PSUs vested on February 20, 2026.

2. On February 21, 2024, the reporting person was granted PSUs, with one-third of such PSUs to be earned based on the extent to which certain performance conditions were met for a performance period of 2025. As determined on February 20, 2026, based on actual performance for 2025, the reporting person earned 4,058 PSUs. Those earned PSUs vested on February 20, 2026.

3. On February 20, 2025, the reporting person was granted PSUs, with one-third of such PSUs to be earned based on the extent to which certain performance conditions were met for a performance period of 2025. As determined on February 20, 2026, based on actual performance for 2025, the reporting person earned 7,123 PSUs. Those PSUs are scheduled to vest on the date in 2027 that the Compensation and Organization Committee determines the number of PSUs earned with respect to the 2026 performance year.

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

5. Reflects the weighted average price of 4,279 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on February 23, 2026 with sale prices ranging from $27.63 to $28.625 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.

6. Reflects the weighted average price of 160 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on February 23, 2026 with sale prices ranging from $28.64 to $28.72 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	02/24/2026
	** 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.
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FAQ

What insider transactions did Kristie Burns report for TCMD?

Kristie Burns reported both equity awards and share sales. She acquired 14,671 shares through performance stock units tied to 2025 results and sold 4,439 shares in open-market trades, mainly to cover taxes from stock unit settlement.

How many Tactile Systems (TCMD) shares did the executive sell?

She sold 4,439 shares of TCMD common stock. This included 4,279 shares at a weighted average price of $28.2827 and 160 shares at a weighted average price of $28.6893 in open-market transactions on February 23, 2026.

Were Kristie Burns’ TCMD share sales related to taxes?

Yes. A footnote explains that the reported share sales were executed to cover taxes associated with the settlement of stock units. This indicates the transactions were primarily tax-related rather than discretionary portfolio changes.

What performance stock units did the TCMD executive earn for 2025?

She earned three tranches of performance stock units based on 2025 performance: 3,490 PSUs from a 2023 grant, 4,058 PSUs from a 2024 grant, and 7,123 PSUs from a 2025 grant, all determined on February 20, 2026.

When do Kristie Burns’ latest TCMD PSUs vest?

Two tranches of PSUs, totaling 7,548 shares, vested on February 20, 2026. The remaining 7,123 PSUs are scheduled to vest in 2027, on the date the committee determines PSUs earned for the 2026 performance year.

How many TCMD shares does Kristie Burns own after these transactions?

Following the reported grants and sales, she directly owns 88,827 shares of Tactile Systems Technology common stock. This figure reflects her updated direct beneficial ownership after the February 2026 equity awards and tax-related sales.