Tactile Systems CEO sells shares for tax coverage

Tactile Systems Technology Inc. director and Chief Executive Officer Sheri Louise Dodd reported a sale of 10,978 shares of common stock on August 10, 2026.

Rhea-AI Filing Summary

Tactile Systems Technology Inc. director and Chief Executive Officer Sheri Louise Dodd reported a sale of 10,978 shares of common stock on August 10, 2026. According to the disclosure, these shares were sold to cover taxes associated with the settlement of stock units at a weighted average price of $29.4446 per share, with individual sale prices ranging from $28.93 to $29.81. After this tax-related sale, Dodd directly holds 232,907 shares of the company’s common stock.

Insider Trade Summary

Net Seller: 10,978 shares

Net Sell 1 txn

Insider Dodd Sheri Louise

Role Chief Executive Officer

Sold 10,978 shs ($323K)

Type	Security	Shares	Price	Value
Sale	Common Stock F1, F2	10,978	$29.4446	$323K

Holdings After Transaction: Common Stock — 232,907 shares (Direct)

Footnotes (2)

1. F1. These shares were sold to cover taxes associated with the settlement of stock units.
2. F2. Reflects the weighted average price of 10,978 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on August 10, 2026 with sale prices ranging from $28.93 to $29.81 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.

Key Figures

Shares sold: 10,978 shares Weighted average sale price: $29.4446 per share Sale price range: $28.93 to $29.81 per share +2 more

5 metrics

Shares sold 10,978 shares Common stock sold on August 10, 2026 by CEO Sheri Louise Dodd

Weighted average sale price $29.4446 per share Weighted average price for 10,978 TCMD shares sold

Sale price range $28.93 to $29.81 per share Price range of multiple sale transactions on August 10, 2026

Shares held after transaction 232,907 shares Direct TCMD common stock holdings of Sheri Louise Dodd after sale

Transaction code S Sale in open market or private transaction of common stock

Key Terms

weighted average price, stock units, Form 4

3 terms

weighted average price financial

"Reflects the weighted average price of 10,978 shares of common stock"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

stock units financial

"sold to cover taxes associated with the settlement of stock units"

Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.

Form 4 regulatory

"Sheri Louise Dodd reported the transaction in a Form 4 filing"

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did TCMD CEO Sheri Dodd report?

Sheri Louise Dodd reported selling 10,978 TCMD shares of common stock on August 10, 2026 to cover taxes from stock unit settlement, at a $29.4446 weighted average price, with sales between $28.93 and $29.81 per share.

How many TCMD shares does CEO Sheri Dodd hold after this sale?

After the reported sale, Sheri Louise Dodd directly holds 232,907 shares of Tactile Systems Technology Inc. common stock, as disclosed in the Form 4, reflecting her remaining ownership stake following the tax-related transaction.

Was the August 10, 2026 TCMD insider sale related to a trading plan?

The transaction is identified as a sale but the Rule 10b5-1 checkbox is not checked. The footnotes state the sale was made to cover taxes on stock unit settlement, not under an affirmed trading plan.

What price range were TCMD shares sold at by the CEO on August 10, 2026?

The reported sale used a weighted average price of $29.4446 per share for 10,978 shares, with individual transactions executed at prices ranging from $28.93 to $29.81 per share on that date.

Is the TCMD CEO’s Form 4 sale a market sale or a private transaction?

The transaction code is “S”, described as a sale in open market or private transaction. Footnotes clarify it was executed in multiple transactions on August 10, 2026 to cover taxes from stock unit settlement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/12/2026 - 04:23 PM Accepted by SEC EDGAR 08/12/2026 - 04:22 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Dodd Sheri Louise

(Last) (First) (Middle)

3701 WAYZATA BLVD.

SUITE 300

(Street)

MINNEAPOLIS MINNESOTA 55416

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TACTILE SYSTEMS TECHNOLOGY INC [ TCMD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	08/10/2026		S		10,978(1)	D	$29.4446(2)	232,907	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. These shares were sold to cover taxes associated with the settlement of stock units.

2. Reflects the weighted average price of 10,978 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on August 10, 2026 with sale prices ranging from $28.93 to $29.81 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	08/12/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)