Tenable CFO exercises 14,544 RSUs; shares withheld
Tenable Holdings Chief Financial Officer Matthew Charles Brown reported routine equity compensation activity.
Rhea-AI Filing Summary
Tenable Holdings Chief Financial Officer Matthew Charles Brown reported routine equity compensation activity. He exercised 14,544 Restricted Stock Units into the same number of shares of Common Stock, with no exercise price. In connection with this net settlement, 5,219 shares of Common Stock were withheld by Tenable to satisfy income tax withholding obligations, and the footnotes clarify this does not represent a sale.
Following these transactions, Brown directly holds 39,866 shares of Common Stock. He also holds 189,080 Restricted Stock Units, each representing a contingent right to receive one share of Common Stock. These RSUs are scheduled to vest in 16 equal quarterly installments over four years starting November 21, 2025, subject to his continuous service and specified acceleration conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,544 shares exercised/converted
Exercise
3 txns
Insider
Brown Matthew Charles
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 14,544 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,544 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,219 | $25.17 | $131K |
Holdings After Transaction:
Restricted Stock Units — 189,080 contracts (Direct);
Common Stock — 39,866 shares (Direct)
Footnotes (3)
- F1. Represents the number of shares of Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Restricted Stock Units ("RSUs") and does not represent a sale.
- F2. Each RSU represents a contingent right to receive one share of Issuer common stock.
- F3. The RSUs will vest in 16 equal quarterly instalments over 4 years starting November 21, 2025, 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: 14,544 units
Shares withheld for tax: 5,219 shares
Tax withholding reference price: $25.17 per share
+3 more
6 metrics
RSUs exercised
14,544 units
Restricted Stock Units converted into Common Stock on May 21, 2026
Shares withheld for tax
5,219 shares
Common Stock withheld to satisfy income tax obligations
Tax withholding reference price
$25.17 per share
Price used for shares withheld for tax obligations
Common Stock held after transaction
39,866 shares
Direct holdings of CFO following Form 4 transactions
RSUs outstanding
189,080 units
Restricted Stock Units held after transactions
RSU vesting schedule
16 quarterly installments over 4 years
Vesting begins November 21, 2025, subject to continuous service
Key Terms
Restricted Stock Units, net settlement, income tax withholding, contingent right, +1 more
5 terms
Restricted Stock Units financial
"The RSUs will vest in 16 equal quarterly instalments over 4 years starting November 21, 2025"
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.
net settlement financial
"in connection with the net settlement of the Restricted Stock Units ("RSUs")"
income tax withholding financial
"withheld by the issuer to satisfy its income tax withholding and remittance obligations"
contingent right financial
"Each RSU represents a contingent right to receive one share of Issuer common stock"
accelerated vesting financial
"subject to accelerated vesting in specified circumstances"
A contract feature that makes stock awards, options, or restricted shares become owned or exercisable earlier than the original schedule. It shortens or cancels the waiting period so recipients can sell, transfer, or exercise their equity sooner — think of a timed lock that is unlocked ahead of schedule. It matters to investors because it changes when shares enter the market, who controls them, and how much dilution or ownership concentration happens.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tenable (TENB) report for its CFO?
Tenable reported that CFO Matthew Charles Brown exercised 14,544 Restricted Stock Units into Common Stock. As part of a net share settlement, 5,219 shares were withheld by the company to cover tax obligations, and the filing specifies this withholding is not a market sale.
How many Tenable (TENB) RSUs did the CFO convert into Common Stock?
The CFO converted 14,544 Restricted Stock Units into 14,544 shares of Tenable Common Stock. The transaction was reported with a zero exercise price, reflecting equity compensation rather than an open-market purchase, and occurred as part of a routine RSU vesting and settlement process.
What are the Tenable (TENB) CFO’s holdings after this Form 4?
After the reported transactions, the CFO directly holds 39,866 shares of Tenable Common Stock. He also holds 189,080 Restricted Stock Units, each representing a contingent right to receive one share of Common Stock upon future vesting, subject to service-based conditions.
What is the vesting schedule for the Tenable (TENB) CFO’s RSUs?
The RSUs will vest in 16 equal quarterly installments over four years starting November 21, 2025. Vesting is conditioned on the CFO’s continuous service with Tenable on each applicable vesting date, with potential accelerated vesting in specified circumstances described in the award terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
