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Tenable (TENB) Form 144 Filing Reports 3,464-Share Sale After Vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

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.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What shares is TENB proposing to sell under Form 144?

The notice reports a proposed sale of 3,464 common shares of Tenable Holdings to be executed through Fidelity Brokerage Services on 08/26/2025 on NASDAQ.

How were the shares acquired that are being sold?

The shares were acquired on 08/25/2025 through restricted stock vesting and the payment is recorded as compensation.

What is the aggregate market value of the shares to be sold?

The filing states an aggregate market value of $103,381.00 for the 3,464 shares proposed for sale.

Has the seller sold other TENB shares recently?

Yes. The filing discloses two sales in the past three months: 3,386 shares on 05/27/2025 for $109,873.33 and 29,196 shares on 08/25/2025 for $883,275.35.

Who is the broker handling the proposed sale?

The broker named in the Form 144 is Fidelity Brokerage Services LLC located at 900 Salem Street, Smithfield, RI.
Tenable Holdings

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