Tactile Systems CFO sells shares for tax payment

Tactile Systems Technology Chief Financial Officer Elaine M. Birkemeyer reported an open-market sale of 4,631 shares of common stock on May 11, 2026 at a weighted average price of $24.488 per share.

Rhea-AI Filing Summary

Tactile Systems Technology Chief Financial Officer Elaine M. Birkemeyer reported an open-market sale of 4,631 shares of common stock on May 11, 2026 at a weighted average price of $24.488 per share. According to the footnotes, these shares were sold to cover taxes associated with the settlement of stock units. After this transaction, she directly holds 130,188 shares of the company’s common stock. The shares were sold in multiple trades with prices ranging from $23.89 to $25.42 per share.

Insider Trade Summary

Net Seller: 4,631 shares

Net Sell 1 txn

Insider Birkemeyer Elaine M.

Role CHIEF FINANCIAL OFFICER

Sold 4,631 shs ($113K)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,631	$24.488	$113K

Holdings After Transaction: Common Stock — 130,188 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 4,631 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on May 11, 2026 with sale prices ranging from $23.89 to $25.42 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: 4,631 shares Weighted average sale price: $24.488 per share Post-transaction holdings: 130,188 shares +1 more

4 metrics

Shares sold 4,631 shares Open-market sale on May 11, 2026

Weighted average sale price $24.488 per share Common stock sale on May 11, 2026

Post-transaction holdings 130,188 shares Direct common stock ownership after sale

Sale price range $23.89–$25.42 per share Multiple trades on May 11, 2026

Key Terms

open-market sale, stock units, weighted average price, Form 4

4 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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.

weighted average price financial

"Reflects the weighted average price of 4,631 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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

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 Tactile Systems (TCMD) report for its CFO?

Tactile Systems’ CFO Elaine M. Birkemeyer reported selling 4,631 common shares. The sales occurred on May 11, 2026 and are disclosed as an open-market transaction on a Form 4 insider trading report filed with regulators.

Why did the Tactile Systems (TCMD) CFO sell 4,631 shares?

The filing states the 4,631 shares were sold to cover taxes tied to the settlement of stock units. This indicates the sale was related to compensation and associated tax obligations rather than a standalone discretionary stock sale.

What price did the Tactile Systems (TCMD) CFO receive for the sold shares?

The reported weighted average sale price was $24.488 per share for 4,631 shares. Footnotes note multiple trades on May 11, 2026, with individual sale prices ranging between $23.89 and $25.42 per Tactile Systems common share.

How many Tactile Systems (TCMD) shares does the CFO hold after this transaction?

After selling 4,631 shares, the CFO directly holds 130,188 Tactile Systems common shares. This remaining position, disclosed in the filing, shows she continues to maintain a substantial equity stake in the company following the tax-related sale.

Was the Tactile Systems (TCMD) CFO’s sale executed as a single trade?

No. The filing explains the 4,631 shares were sold in multiple transactions on May 11, 2026. A weighted average price of $24.488 is reported, with individual trades executed between $23.89 and $25.42 per share.

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

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Accepted by SEC EDGAR 05/13/2026 - 05:01 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^*

Birkemeyer Elaine M.

(Last) (First) (Middle)

3701 WAYZATA BLVD.

STE 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF FINANCIAL OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

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	05/11/2026		S		4,631(1)	D	$24.488(2)	130,188	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 4,631 shares of common stock of Tactile Systems Technology, Inc. sold by the reporting person in multiple transactions on May 11, 2026 with sale prices ranging from $23.89 to $25.42 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	05/13/2026
	** 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)