Tactile Systems (NASDAQ: TCMD) SVP awarded 6,194 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Burns Kristie reported acquisition or exercise transactions in this Form 4 filing.
Tactile Systems Technology senior vice president Kristie Burns reported an equity award of 6,194 shares of common stock in the form of restricted stock units. The RSUs vest in three equal installments on each of the first three anniversaries of the grant date. After this award, she directly holds 78,595 shares of common stock, reflecting her updated ownership position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Burns Kristie
Role
Sr. VP Mktg & Clinical Affairs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,194 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 78,595 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TCMD executive Kristie Burns report?
Kristie Burns reported acquiring 6,194 shares of Tactile Systems Technology common stock through a restricted stock unit grant. These equity awards are part of her compensation and increase her direct ownership stake in the company to 78,595 shares after the transaction.
How do the new RSUs granted to TCMD’s Kristie Burns vest?
The 6,194 restricted stock units granted to Kristie Burns vest over three years. One-third of the RSUs vest on each of the first three anniversaries of the grant date, creating a multi-year incentive tied to her continued service with Tactile Systems Technology.
What does transaction code "A" mean in the TCMD Form 4 filing?
Transaction code "A" indicates a grant, award, or other acquisition of securities. In this case, Kristie Burns received 6,194 restricted stock units of Tactile Systems Technology common stock as part of her compensation, subject to a three-year vesting schedule.
Is the TCMD insider transaction a buy or a grant of stock?
The transaction is a grant of stock, not a market purchase. Kristie Burns acquired 6,194 shares of Tactile Systems Technology common stock through restricted stock units awarded under her compensation package, with vesting over three years from the grant date.