Tenable (TENB) Form 144 Filing Reports 3,464-Share Sale After Vesting
Rhea-AI Filing Summary
Tenable Holdings, Inc. (TENB) Form 144 notice reports a proposed sale of 3,464 common shares by a person for whose account the securities were acquired through restricted stock vesting on 08/25/2025 and paid as compensation the same day. The shares have an aggregate market value of $103,381.00 and the filing lists 121,094,958 shares outstanding for the class. The broker identified is Fidelity Brokerage Services LLC and the planned sale date is 08/26/2025 on NASDAQ. The filer also disclosed two prior sales in the past three months totaling 32,582 shares with gross proceeds of $993,148.68.
Positive
- The securities to be sold were acquired via restricted stock vesting, indicating compensation-related liquidity rather than an external stake liquidation
- The number of shares proposed for sale (3,464) is immaterial relative to 121,094,958 shares outstanding
Negative
- The filer disclosed insider sales in the past three months totaling 32,582 shares, which may be noted by market observers as insider liquidity
Insights
TL;DR: Insider plans to sell recently vested restricted shares; size is immaterial relative to outstanding shares.
The filing documents a proposed sale of 3,464 shares originating from restricted stock vesting and paid as compensation on 08/25/2025, to be executed through Fidelity on NASDAQ on 08/26/2025. The 3,464-shares carrying a $103,381 market value represent a vanishingly small fraction (~0.0029%) of the 121,094,958 shares reported outstanding, suggesting limited dilution or signaling impact. The disclosure of two prior recent sales totaling 32,582 shares provides context for recent insider liquidity activity but does not alone indicate material change to share supply or corporate fundamentals.
TL;DR: Transaction appears routine vesting and sale; filing includes required compliance attestations.
The notice identifies the sale as arising from restricted stock vesting with payment characterized as compensation and includes the customary attestation that the seller is not aware of undisclosed material adverse information. The form satisfies Rule 144 disclosure elements: broker, amount, market value, acquisition date, and recent sales history. From a governance perspective, the filing is a routine insider disclosure rather than an indicator of governance or operational concern based on the information provided.