Tactile Systems Technology (TCMD) director awarded 6,521 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BURKE WILLIAM W reported acquisition or exercise transactions in this Form 4 filing.
Tactile Systems Technology director William W. Burke received a grant of 6,521 shares of Common Stock as a stock award. The award takes the form of restricted stock units that vest in full on the earlier of one year from the grant date or the next annual stockholder meeting. After this grant, he directly holds 55,041 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BURKE WILLIAM W
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,521 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 55,041 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 6,521 shares
Price per share: $0.0000
Shares after transaction: 55,041 shares
3 metrics
Shares granted
6,521 shares
Restricted stock unit award to director on 2026-05-06
Price per share
$0.0000
Grant price for awarded Common Stock
Shares after transaction
55,041 shares
Director’s direct holdings following the grant
Key Terms
restricted stock units, annual meeting of the stockholders, Grant, award, or other acquisition
3 terms
restricted stock units financial
"The restricted stock units will vest in full on the earlier of one year"
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 financial
"or the date of the next year's annual meeting of the stockholders"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did TCMD director William W. Burke report?
Director William W. Burke reported receiving a grant of 6,521 shares of Tactile Systems Technology Common Stock as a stock award. The transaction is coded as a grant or award acquisition and was not an open-market purchase or sale.
Was William W. Burke’s TCMD grant an open-market buy or a compensation award?
The filing classifies the transaction as a grant, award, or other acquisition, not an open-market purchase. It reflects compensation in the form of restricted stock units rather than Burke buying shares in the market at a stated price.
What does the transaction code "A" mean in the TCMD Form 4 filing?
In this Form 4, transaction code "A" indicates a grant, award, or other acquisition of securities. For William W. Burke, it represents 6,521 shares received as restricted stock units, rather than a standard market purchase or sale of TCMD Common Stock.