Tenable (TENB) director exercises 6,062 RSUs and receives 9,718 new units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tenable Holdings director Arthur W. Coviello Jr. reported routine equity compensation activity. On May 13, 2026, he acquired 6,062 shares of common stock through the exercise of vested restricted stock units (RSUs), bringing his direct common stock holdings to 57,793 shares after the transactions.
He was also granted 9,718 new RSUs, each representing a contingent right to receive one share of common stock. According to the filing, 100% of the shares underlying these new RSUs vest on the earlier of May 13, 2027 or Tenable’s next annual shareholder meeting, subject to his continuous service. The filing shows no share sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,062 shares exercised/converted
Mixed
3 txns
Insider
COVIELLO ARTHUR W JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,062 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 9,718 | $0.00 | -- |
| Exercise | Common Stock | 6,062 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 57,793 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock. 100% of the shares underlying the RSUs vested as of May 13, 2026. 100% of the shares underlying the RSUs vest on the earlier of May 13, 2027 or the Issuer's next annual shareholder meeting, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date, and subject to accelerated vesting in specified circumstances.
Key Figures
RSUs exercised into common stock: 6,062 shares
New RSU grant: 9,718 units
Common shares held after transactions: 57,793 shares
+3 more
6 metrics
RSUs exercised into common stock
6,062 shares
Exercise of vested RSUs into common stock on May 13, 2026
New RSU grant
9,718 units
Restricted stock units granted on May 13, 2026
Common shares held after transactions
57,793 shares
Direct Tenable common stock holdings following Form 4 transactions
Vested RSUs percentage
100%
Shares underlying certain RSUs vested as of May 13, 2026
Future RSU vesting date
May 13, 2027
Latest vesting date for new RSUs, or earlier at next annual meeting
Derivative exercises count
1 exercise, 6,062 shares
Summary of derivative security exercises in transactionSummary
Key Terms
Restricted Stock Units, contingent right, vested, continuous service
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock."
vested financial
"100% of the shares underlying the RSUs vested as of May 13, 2026."
continuous service financial
"subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date"
FAQ
What insider transactions did Tenable (TENB) director Arthur W. Coviello Jr. report?
Arthur W. Coviello Jr. reported acquiring 6,062 Tenable common shares through RSU settlement and receiving a new grant of 9,718 restricted stock units. All transactions were acquisitions related to equity compensation, with no reported sales in this Form 4 filing.
What RSU awards did the Tenable (TENB) director receive in this filing?
The director received a grant of 9,718 restricted stock units, each representing a contingent right to one Tenable common share. These RSUs are equity compensation, not cash, and increase his potential future ownership once the vesting conditions are satisfied.
When do Arthur W. Coviello Jr.’s new Tenable (TENB) RSUs vest?
The new RSUs vest 100% on the earlier of May 13, 2027 or Tenable’s next annual shareholder meeting. Vesting is conditioned on the director’s continuous service with Tenable and may accelerate in specified circumstances outlined in the award terms.
What does each Tenable (TENB) restricted stock unit (RSU) represent in this filing?
Each Tenable RSU represents a contingent right to receive one share of the company’s common stock. The units convert into actual shares only when vesting conditions are met, such as remaining in continuous service through the specified vesting date.