Tenable Co-CEO exercises 105,000 stock options
Tenable Holdings Co-Chief Executive Officer Stephen A. Vintz exercised employee stock options for 105,000 shares of Common Stock at an exercise price of $4.15 per share on May 8, 2026.
Rhea-AI Filing Summary
Tenable Holdings Co-Chief Executive Officer Stephen A. Vintz exercised employee stock options for 105,000 shares of Common Stock at an exercise price of $4.15 per share on May 8, 2026. This converted a derivative option grant into directly held shares.
To cover the exercise price and related tax withholding obligations, 60,917 shares were withheld by the company at a reference value of $21.29 per share, which the filing notes was not a market sale. Following these transactions, Vintz directly holds 472,714 shares of Tenable common stock, and the exercised option covering 105,000 shares is now fully exhausted.
Positive
- None.
Negative
- None.
Insider Trade Summary
105,000 shares exercised/converted
Exercise
3 txns
Insider
Vintz Stephen A
Role
Co-Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 105,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 105,000 | $4.15 | $436K |
| Exercise Price or Tax Liability | Common Stock | 60,917 | $21.29 | $1.30M |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 contracts (Direct);
Common Stock — 472,714 shares (Direct)
Footnotes (2)
- F1. Represents the number of shares of Common Stock withheld by the Issuer to satisfy the exercise price and the related tax withholding obligations in connection with the net exercise of the stock options reported herein. This transaction does not involve a market sale of shares.
- F2. 100% of the shares underlying this option vested as of June 30, 2020.
Key Figures
Options exercised: 105,000 shares
Exercise price: $4.15 per share
Shares withheld for taxes/exercise: 60,917 shares
+4 more
7 metrics
Options exercised
105,000 shares
Employee stock option exercise into Common Stock on May 8, 2026
Exercise price
$4.15 per share
Price paid per share for the 105,000-share option exercise
Shares withheld for taxes/exercise
60,917 shares
Shares withheld by issuer to cover exercise price and tax obligations
Withholding reference price
$21.29 per share
Value used for shares withheld in tax-withholding disposition
Shares held after transactions
472,714 shares
Direct Tenable Common Stock holdings after May 8, 2026 transactions
Exercised option remaining balance
0 shares
Employee Stock Option (right to buy) following full 105,000-share exercise
Exercised option expiration
June 30, 2026
Original expiration date of the exercised employee stock option
Key Terms
Employee Stock Option (right to buy), net exercise, tax withholding obligations, derivative security, +1 more
5 terms
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)""
net exercise financial
"in connection with the net exercise of the stock options reported herein"
A net exercise is a way to convert stock options into shares without paying cash up front: instead of handing over money to buy the optioned shares, the holder receives only the number of shares equal to the option’s value after the company withholds a portion of shares to cover the exercise price and taxes. It matters to investors because it changes how many new shares are issued, affects dilution of existing shareholders, and alters company cash flow compared with a cash exercise.
tax withholding obligations financial
"to satisfy the exercise price and the related tax withholding obligations"
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Tenable (TENB) Co-CEO Stephen Vintz report?
Stephen Vintz reported exercising employee stock options for 105,000 shares of Tenable Common Stock and a related share withholding. The filing shows option exercise and tax-related share withholding, rather than open-market buying or selling of shares.
Were Stephen Vintz’s Tenable (TENB) transactions open-market sales or routine option exercises?
The transactions were routine option-related actions, not open-market sales. Vintz exercised stock options for 105,000 shares, and 60,917 shares were withheld by the issuer solely to cover the exercise price and associated tax obligations.
What happened to the employee stock option exercised by Stephen Vintz at Tenable (TENB)?
The employee stock option for 105,000 underlying shares, which was fully vested as of June 30, 2020, was fully exercised. After the exercise, the filing shows zero remaining shares under that specific option award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
