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Tactile Systems (TCMD) SVP sells 6,246 shares to cover taxes

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
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.
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*
Burns Kristie

(Last) (First) (Middle)
3701 WAYZATA BLVD.
STE 300

(Street)
MINNEAPOLIS MN 55416

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TACTILE SYSTEMS TECHNOLOGY INC [ TCMD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. VP Mktg & Clinical Affairs
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/24/2026 S 6,246(1) D $28.9408(2) 82,581 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 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.
/s/ Jonathan Zimmerman, Attorney-in-Fact 02/26/2026
** 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.

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.

At what prices did Kristie Burns sell Tactile Systems Technology (TCMD) shares?

The filing shows a weighted average sale price of $28.9408 per share. Footnotes state the 6,246 shares were sold in multiple trades at prices ranging from $28.50 to $29.45 per share, all executed on February 24, 2026 in open-market transactions.

How many Tactile Systems Technology (TCMD) shares does Kristie Burns own after the reported sale?

After selling 6,246 shares, Kristie Burns directly owns 82,581 shares of Tactile Systems Technology common stock. This post-transaction holding figure is explicitly stated in the Form 4 and reflects her remaining direct ownership following the February 24, 2026 tax-related sale.

Why did Kristie Burns sell Tactile Systems Technology (TCMD) shares according to the Form 4 footnotes?

The footnotes explain the shares were sold to cover taxes associated with the settlement of stock units. This indicates the transaction was related to equity compensation tax obligations rather than a discretionary sale unrelated to vesting, based on the language disclosed in the Form 4.

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.
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