Tenable (TENB) Form 144 Filed for 29,196-Share Sale via Fidelity
Rhea-AI Filing Summary
Tenable Holdings, Inc. (TENB) Form 144 notice reports a proposed sale of 29,196 common shares via Fidelity Brokerage Services with an aggregate market value of $883,275.35. The shares were acquired on 08/22/2025 through restricted stock vesting and the intended sale date is 08/25/2025 on NASDAQ. The filer also reported a prior sale of 3,386 shares on 05/27/2025 for gross proceeds of $109,873.33. The notice includes the required representation that the seller is not aware of undisclosed material adverse information about the issuer.
Positive
- Securities were acquired by restricted stock vesting, indicating the shares resulted from compensation rather than undisclosed transactions
- Filing identifies a broker (Fidelity Brokerage Services), showing the sale is being processed through a regulated intermediary
Negative
- Proposed sale of 29,196 common shares (aggregate market value $883,275.35) is disclosed, representing an insider liquidity event
- Prior sale reported of 3,386 shares on 05/27/2025 for $109,873.33, indicating ongoing insider dispositions
Insights
TL;DR: Routine insider sale notice for vested equity; data disclosed is standard and contains no operational updates.
The Form 144 documents a planned sale of 29,196 Tenable common shares acquired by restricted stock vesting on 08/22/2025 and routed through Fidelity, scheduled for 08/25/2025. The filing also discloses a prior sale of 3,386 shares on 05/27/2025. This is a transactional disclosure required under Rule 144 and does not provide financial results or forward-looking company information. Investors should treat this as an insider liquidity event rather than an operational signal because the filing contains no commentary about company performance or undisclosed material information.
TL;DR: Compliance-focused disclosure: seller affirms lack of undisclosed material information and follows Rule 144 process.
The notice indicates standard compliance with Rule 144 filing requirements: identification of broker (Fidelity Brokerage Services), details of acquisition (restricted stock vesting), and a seller representation regarding material information. The inclusion of a recent sale in May demonstrates prior disposition activity disclosed as required. There are no governance actions, director departures, or policy changes reported in this filing.