Director Laura G. King granted 6,521 TCMD shares as restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
King Laura G. reported acquisition or exercise transactions in this Form 4 filing.
Tactile Systems Technology Inc. director Laura G. King received an equity grant of 6,521 shares of Common Stock as a compensation award. The award was made at a price of $0.00 per share and increased her directly held position to 25,569 shares.
These shares are in the form of restricted stock units that will vest in full on the earlier of one year from the grant date or the date of the next year's annual meeting of the stockholders, tying the award to her continued board service over that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
King Laura G.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,521 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,569 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award size: 6,521 shares
Grant price: $0.00 per share
Holdings after transaction: 25,569 shares
3 metrics
Equity award size
6,521 shares
Grant of Common Stock as restricted stock units
Grant price
$0.00 per share
Non-cash director equity compensation
Holdings after transaction
25,569 shares
Total directly held TCMD Common Stock after award
Key Terms
restricted stock units, annual meeting of the stockholders, beneficial ownership
3 terms
restricted stock units financial
"The restricted stock units will vest in full on the earlier of one year from the grant date"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
annual meeting of the stockholders regulatory
"or the date of the next year's annual meeting of the stockholders"
beneficial ownership financial
"increased her directly held position to 25,569 shares, reflecting updated beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did TCMD director Laura G. King report?
Laura G. King received a grant of 6,521 TCMD shares as equity compensation. The award is structured as restricted stock units at $0.00 per share and represents a non-cash increase in her ownership stake in Tactile Systems Technology Inc.
What are the vesting terms of Laura G. King’s TCMD restricted stock units?
The restricted stock units vest in full on the earlier of one year from grant or the next annual stockholders’ meeting. This schedule links the award to approximately one year of continued board service, aligning compensation with ongoing governance responsibilities at Tactile Systems Technology.
Is Laura G. King’s TCMD transaction a routine equity award for a director?
The transaction is characterized as a grant or award acquisition of common stock. It reflects non-cash director compensation through restricted stock units, which is a common structure for aligning board members’ incentives with shareholder interests at public companies.