TACTILE SYSTEMS TECHNOLOGY (TCMD) director receives 6,521-share equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Huggenberger Raymond reported acquisition or exercise transactions in this Form 4 filing.
TACTILE SYSTEMS TECHNOLOGY INC director Raymond Huggenberger reported a stock-based compensation award. He received 6,521 shares of Common Stock in the form of restricted stock units at a price of $0.00 per share, increasing his direct holdings to 62,841 shares.
The restricted stock units will vest in full on the earlier of one year from the grant date or the date of the next annual meeting of the stockholders, aligning the director’s compensation with the company’s future performance over that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Huggenberger Raymond
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,521 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 62,841 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 6,521 shares
Grant price: $0.00 per share
Post-transaction holdings: 62,841 shares
+1 more
4 metrics
RSU grant size
6,521 shares
Restricted stock units of Common Stock granted to director
Grant price
$0.00 per share
Price per share for the restricted stock unit award
Post-transaction holdings
62,841 shares
Total Common Stock directly held after the award
Vesting condition
Earlier of one year or next annual meeting
Schedule for full vesting of the restricted stock units
Key Terms
restricted stock units, annual meeting of the stockholders, Form 4
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"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did TACTILE SYSTEMS TECHNOLOGY (TCMD) report?
TACTILE SYSTEMS TECHNOLOGY reported a director-level stock-based compensation grant. Director Raymond Huggenberger received 6,521 restricted stock units of Common Stock at $0.00 per share, as part of his equity compensation, increasing his directly held position to 62,841 shares after the award.
At what price were the TCMD restricted stock units granted to the director?
The restricted stock units were granted at $0.00 per share. This indicates the award is pure equity compensation rather than an open-market purchase, with value tied to TACTILE SYSTEMS TECHNOLOGY’s share price performance as the units vest into actual shares over time.
When will the restricted stock units for TCMD director Raymond Huggenberger vest?
The restricted stock units will vest in full on the earlier of one year from the grant date or the date of next year’s annual stockholders’ meeting. This time-based condition encourages continued service and aligns the director’s incentives with shareholder interests during that period.