Tenable (TENB) CFO settles 14,544 RSUs, 5,269 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tenable Holdings, Inc. Chief Financial Officer Matthew Charles Brown reported equity award activity. He exercised or converted 14,544 Restricted Stock Units into the same number of shares of common stock at $0.00 per share. To cover income tax obligations on this RSU settlement, 5,269 shares of common stock were withheld by the company at a price of $17.55 per share, which the filing notes does not represent a market sale. Following these transactions, Brown directly holds 18,541 shares of common stock and 203,624 RSUs, each RSU representing a contingent right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,544 shares exercised/converted
Mixed
3 txns
Insider
Brown Matthew Charles
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 14,544 | $0.00 | -- |
| Exercise | Common Stock | 14,544 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,269 | $17.55 | $92K |
Holdings After Transaction:
Restricted Stock Units — 203,624 shares (Direct);
Common Stock — 23,810 shares (Direct)
Footnotes (1)
- 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. Each RSU represents a contingent right to receive one share of Issuer common stock. The RSUs 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.
FAQ
What insider transactions did Tenable (TENB) report for CFO Matthew Charles Brown?
Matthew Charles Brown exercised 14,544 RSUs into common stock and had 5,269 shares withheld for taxes. These actions are part of equity compensation, with the withheld shares satisfying income tax obligations rather than representing an open-market sale.
What is the significance of the 14,544 Tenable (TENB) RSUs in this filing?
The 14,544 RSUs were exercised or converted into common stock at $0.00 per share. Each RSU represents a contingent right to one share of Tenable common stock, reflecting part of the CFO’s equity-based compensation structure with future value tied to share ownership.
How are Tenable (TENB) RSUs described in Matthew Charles Brown’s Form 4?
Each RSU is described as a contingent right to receive one share of common stock. The filing notes that these equity awards convert into Tenable shares as they are settled, forming a significant portion of the CFO’s long-term compensation and alignment with shareholders.