TCMD Form 4: RSU Tax-Cover Sale Leaves CEO With 173,479 Shares

Rhea-AI Filing Summary

On 08/08/2025 Sheri Louise Dodd, a director and the Chief Executive Officer of Tactile Systems Technology, sold 7,762 shares of the company’s common stock at $12.356 per share. The Form 4 states the shares were sold to cover taxes associated with the settlement of restricted stock units.

Following the reported sale, Ms. Dodd beneficially owns 173,479 shares, held directly. The disclosure is a routine RSU tax-withholding sale and the form does not report any additional purchases, option exercises, or other material changes to her ownership.

Insights

Securities Analyst

TL;DR: Routine RSU tax-cover sale by the CEO; small reduction in direct holdings and limited likely market impact.

Ms. Dodd sold 7,762 shares at $12.356 per share to satisfy tax withholding on restricted stock units. Using the reported numbers, the pre-sale holding was 181,241 shares and the sale reduced that holding by approximately 4.3%, leaving 173,479 shares beneficially owned. This is a common administrative transaction tied to compensation and, standing alone, is informational rather than material to the company’s operating outlook.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 16 reporting; sale is explicitly a tax-withholding event and was executed by an attorney-in-fact.

The Form 4 shows appropriate reporting of an RSU settlement-related sale and names an attorney-in-fact as the signatory, indicating the company’s reporting procedures were followed. There is no indication in the filing of discretionary insider selling beyond the tax-cover transaction, and no new governance or control issues are disclosed.

Insider Trade Summary

Net Seller: 7,762 shares ($95,907)

Net Sell 1 txn

Insider Dodd Sheri Louise

Role Chief Executive Officer

Sold 7,762 shs ($96K)

Type	Security	Shares	Price	Value
Sale	Common Stock	7,762	$12.356	$96K

Holdings After Transaction: Common Stock — 173,479 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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 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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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	08/08/2025		S		7,762(1)	D	$12.356	173,479	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 restricted stock units.

	/s/ Jonathan Zimmerman, Attorney-in-Fact	08/12/2025
	** 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 transaction did Sheri Louise Dodd report on Form 4 for TCMD?

She sold 7,762 shares of Tactile Systems Technology common stock on 08/08/2025 at $12.356 per share.

Why were the shares sold by the CEO (TCMD)?

The Form 4 states the shares were sold to cover taxes associated with the settlement of restricted stock units.

How many TCMD shares does Sheri Dodd beneficially own after the reported transaction?

173,479 shares beneficially owned, held directly, following the reported sale.

What is Sheri Louise Dodd's role at Tactile Systems Technology (TCMD)?

She is listed as a Director and the Chief Executive Officer of the issuer.

Who signed the Form 4 on behalf of the reporting person?

The form is signed by Jonathan Zimmerman, Attorney-in-Fact for the reporting person.