TCMD (TCMD) CFO Elaine Birkemeyer awarded 23,008 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Birkemeyer Elaine M. reported acquisition or exercise transactions in this Form 4 filing.
Tactile Systems Technology chief financial officer Elaine M. Birkemeyer received a grant of 23,008 shares of common stock in the form of restricted stock units at a stated price of $0.0000 per share. Following this award, her directly held common stock position reported in this filing is 122,119 shares.
The RSUs vest over three years, with one-third of the units vesting on each of the first three anniversaries of the grant date, meaning the compensation is spread over time and depends on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Birkemeyer Elaine M.
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,008 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 122,119 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TACTILE SYSTEMS TECHNOLOGY INC (TCMD) report for Elaine M. Birkemeyer?
Elaine M. Birkemeyer received a grant of 23,008 restricted stock units of TACTILE SYSTEMS TECHNOLOGY INC common stock. The award was recorded at a stated price of $0.0000 per share as part of her equity compensation package.
What type of equity award did the TCMD chief financial officer receive in this Form 4?
The chief financial officer received restricted stock units, or RSUs, representing 23,008 shares of TACTILE SYSTEMS TECHNOLOGY INC common stock. RSUs are a form of stock-based compensation that typically vest over time rather than being fully owned immediately.
What is the vesting schedule for the 23,008 RSUs granted to the TCMD CFO?
The 23,008 RSUs vest in three equal installments. One-third of the restricted stock units vest on each of the first three anniversaries of the grant date, aligning the award with multi-year service at TACTILE SYSTEMS TECHNOLOGY INC.
Was the TCMD CFO’s RSU award a market purchase or a compensatory grant?
The award was a compensatory grant, not a market purchase. The Form 4 lists transaction code “A” for a grant, award, or other acquisition, and shows a transaction price of $0.0000 per share for the 23,008 restricted stock units.
Does the Form 4 for TCMD indicate any insider sales by Elaine M. Birkemeyer?
The Form 4 excerpt indicates only an acquisition of 23,008 restricted stock units by Elaine M. Birkemeyer. The transaction summary shows one acquisition transaction reported and no dispositions or sales in this particular filing.