STOCK TITAN

[Form 4] Tactile Systems Technology, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
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.

Il 08/08/2025 Sheri Louise Dodd, membro del consiglio e Chief Executive Officer di Tactile Systems Technology, ha venduto 7,762 azioni ordinarie della società a $12.356 per azione. Il Modulo 4 indica che le azioni sono state cedute per coprire le imposte legate alla liquidazione delle restricted stock units (RSU).

In seguito alla vendita segnalata, la sig.ra Dodd detiene beneficiariamente 173,479 azioni, possedute direttamente. La comunicazione riguarda una vendita di routine per la ritenuta fiscale sulle RSU e il modulo non riporta acquisti aggiuntivi, esercizi di opzioni né altre variazioni rilevanti della sua partecipazione.

El 08/08/2025 Sheri Louise Dodd, directora y directora ejecutiva (CEO) de Tactile Systems Technology, vendió 7,762 acciones ordinarias de la empresa a $12.356 por acción. El Formulario 4 indica que las acciones se vendieron para cubrir impuestos asociados con la liquidación de restricted stock units (RSU).

Tras la venta declarada, la Sra. Dodd posee beneficiariamente 173,479 acciones, mantenidas en propiedad directa. La divulgación corresponde a una venta rutinaria para la retención fiscal de las RSU y el formulario no informa compras adicionales, ejercicio de opciones ni otros cambios materiales en su participación.

08/08/2025일 Sheri Louise Dodd는 Tactile Systems Technology의 이사이자 최고경영자(CEO)로서 회사 보통주 7,762주를 주당 $12.356에 매도했습니다. Form 4에는 해당 주식이 제한 주식 단위(RSU) 정산과 관련된 세금을 충당하기 위해 매도되었다고 기재되어 있습니다.

보고된 매도 이후 Dodd 씨는 직접 보유 형태로 실질적 소유권이 있는 173,479주를 보유하고 있습니다. 이 공시는 RSU 세금 원천징수를 위한 통상적인 매도에 해당하며, 서류에는 추가 매입, 옵션 행사 또는 소유권에 대한 다른 중요한 변경 사항이 보고되지 않았습니다.

Le 08/08/2025, Sheri Louise Dodd, administratrice et Chief Executive Officer de Tactile Systems Technology, a vendu 7,762 actions ordinaires de la société au prix de $12.356 par action. Le formulaire 4 précise que ces actions ont été cédées pour couvrir les impôts liés au règlement de Restricted Stock Units (RSU).

À la suite de la vente déclarée, Mme Dodd détient bénéficiairement 173,479 actions, détenues directement. La communication correspond à une cession courante pour la retenue fiscale des RSU et le formulaire ne signale aucun achat supplémentaire, aucun exercice d'options ni d'autre changement matériel de sa participation.

Am 08/08/2025 verkaufte Sheri Louise Dodd, Direktorin und Chief Executive Officer von Tactile Systems Technology, 7,762 Stammaktien des Unternehmens zu $12.356 je Aktie. Im Formular 4 wird angegeben, dass die Aktien verkauft wurden, um die mit der Abwicklung von Restricted Stock Units (RSU) verbundenen Steuern zu begleichen.

Nach dem gemeldeten Verkauf besitzt Frau Dodd wirtschaftlich 173,479 Aktien, die direkt gehalten werden. Die Offenlegung betrifft einen routinemäßigen RSU-Steuerabzugsverkauf; im Formular sind keine zusätzlichen Käufe, Optionsausübungen oder sonstigen wesentlichen Änderungen ihres Anteils verzeichnet.

Positive
  • None.
Negative
  • None.

Insights

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.

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.

Il 08/08/2025 Sheri Louise Dodd, membro del consiglio e Chief Executive Officer di Tactile Systems Technology, ha venduto 7,762 azioni ordinarie della società a $12.356 per azione. Il Modulo 4 indica che le azioni sono state cedute per coprire le imposte legate alla liquidazione delle restricted stock units (RSU).

In seguito alla vendita segnalata, la sig.ra Dodd detiene beneficiariamente 173,479 azioni, possedute direttamente. La comunicazione riguarda una vendita di routine per la ritenuta fiscale sulle RSU e il modulo non riporta acquisti aggiuntivi, esercizi di opzioni né altre variazioni rilevanti della sua partecipazione.

El 08/08/2025 Sheri Louise Dodd, directora y directora ejecutiva (CEO) de Tactile Systems Technology, vendió 7,762 acciones ordinarias de la empresa a $12.356 por acción. El Formulario 4 indica que las acciones se vendieron para cubrir impuestos asociados con la liquidación de restricted stock units (RSU).

Tras la venta declarada, la Sra. Dodd posee beneficiariamente 173,479 acciones, mantenidas en propiedad directa. La divulgación corresponde a una venta rutinaria para la retención fiscal de las RSU y el formulario no informa compras adicionales, ejercicio de opciones ni otros cambios materiales en su participación.

08/08/2025일 Sheri Louise Dodd는 Tactile Systems Technology의 이사이자 최고경영자(CEO)로서 회사 보통주 7,762주를 주당 $12.356에 매도했습니다. Form 4에는 해당 주식이 제한 주식 단위(RSU) 정산과 관련된 세금을 충당하기 위해 매도되었다고 기재되어 있습니다.

보고된 매도 이후 Dodd 씨는 직접 보유 형태로 실질적 소유권이 있는 173,479주를 보유하고 있습니다. 이 공시는 RSU 세금 원천징수를 위한 통상적인 매도에 해당하며, 서류에는 추가 매입, 옵션 행사 또는 소유권에 대한 다른 중요한 변경 사항이 보고되지 않았습니다.

Le 08/08/2025, Sheri Louise Dodd, administratrice et Chief Executive Officer de Tactile Systems Technology, a vendu 7,762 actions ordinaires de la société au prix de $12.356 par action. Le formulaire 4 précise que ces actions ont été cédées pour couvrir les impôts liés au règlement de Restricted Stock Units (RSU).

À la suite de la vente déclarée, Mme Dodd détient bénéficiairement 173,479 actions, détenues directement. La communication correspond à une cession courante pour la retenue fiscale des RSU et le formulaire ne signale aucun achat supplémentaire, aucun exercice d'options ni d'autre changement matériel de sa participation.

Am 08/08/2025 verkaufte Sheri Louise Dodd, Direktorin und Chief Executive Officer von Tactile Systems Technology, 7,762 Stammaktien des Unternehmens zu $12.356 je Aktie. Im Formular 4 wird angegeben, dass die Aktien verkauft wurden, um die mit der Abwicklung von Restricted Stock Units (RSU) verbundenen Steuern zu begleichen.

Nach dem gemeldeten Verkauf besitzt Frau Dodd wirtschaftlich 173,479 Aktien, die direkt gehalten werden. Die Offenlegung betrifft einen routinemäßigen RSU-Steuerabzugsverkauf; im Formular sind keine zusätzlichen Käufe, Optionsausübungen oder sonstigen wesentlichen Änderungen ihres Anteils verzeichnet.

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.
Tactile Systems

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