Tactile Systems (TCMD) SVP sells 6,246 shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tactile Systems Technology senior vice president Kristie Burns sold 6,246 shares of common stock in an open-market transaction. The shares were sold at a weighted average price of $28.9408 per share on February 24, 2026 to cover taxes associated with the settlement of stock units. After this sale, Burns directly owned 82,581 shares of Tactile Systems Technology common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,246 shares ($180,764)
Net Sell
1 txn
Insider
Burns Kristie
Role
Sr. VP Mktg & Clinical Affairs
Sold
6,246 shs ($181K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,246 | $28.9408 | $181K |
Holdings After Transaction:
Common Stock — 82,581 shares (Direct)
Footnotes (1)
- These shares were sold to cover taxes associated with the settlement of stock units. Reflects the weighted average price of 6,246 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on February 24, 2026 with sale prices ranging from $28.50 to $29.45 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.
FAQ
What did Tactile Systems Technology (TCMD) insider Kristie Burns report on this Form 4?
Kristie Burns reported selling 6,246 shares of Tactile Systems Technology common stock. The sale was an open-market transaction executed on February 24, 2026 and was conducted primarily to cover taxes related to the settlement of previously awarded stock units, according to the filing footnotes.
What type of transaction did Kristie Burns report for Tactile Systems Technology (TCMD)?
The transaction is classified as an open-market sale of common stock. The Form 4 uses transaction code “S” and describes it as a “Sale in open market or private transaction,” with the shares sold in multiple trades on February 24, 2026 at specified price ranges.