Tenable (TENB) Director Disposes of Shares; Trust Holdings Disclosed
Rhea-AI Filing Summary
Seawell A. Brooke, a director of Tenable Holdings, Inc. (TENB), reported insider transactions on 09/09/2025. The filing discloses the sale of common stock in multiple transactions at a weighted average price of $30.80 (range $30.80–$30.82). The Form 4 indicates 15,000 shares were sold (reported with transaction code S) and additional dispositions are listed totaling 9,230 shares. The reporting person acts as trustee of two revocable trusts named in the form. The signature on the filing is by an attorney-in-fact dated 09/11/2025.
Positive
- None.
Negative
- Reported sale of 15,000 shares on 09/09/2025 at a weighted average price of $30.80 (range $30.80–$30.82).
- Additional disposition of 9,230 shares is listed in the filing, indicating further reductions in beneficial holdings.
Insights
TL;DR: Insider director sold shares on 09/09/2025 at a weighted average near $30.80; filing shows trust-based ownership and sale details.
The Form 4 documents routine director dispositions rather than option exercises or derivative transactions. The weighted average price disclosure and footnote clarifying multiple trade prices are standard for aggregated sale reporting. The filing names two revocable trusts for which the reporting person serves as trustee, indicating indirect beneficial ownership structures are in place. No derivative holdings, grants, or acquisitions are reported in this filing.
TL;DR: Director sold company stock via trusts; disclosure is procedural and provides required details about trusteeship and sale pricing.
The report properly flags the reporting person as a director and discloses the trustee roles for two revocable trusts. The explanation footnotes conform to standard Form 4 practices by providing the price range and offering to provide per-trade breakdowns on request. There is no indication of coordinated group filings or 10b5-1 plan checkbox marked in the visible content.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $30.80 | $462K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.80 - $30.82, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4. Reporting Person is the Trustee of the Rosemary and A. Brooke Seawell Revocable Trust (Administrative Trust). Reporting Person is the Trustee of the Alexander Brooke Seawell Revocable Trust.