Tenable (TENB) Co-CEO settles RSU and PRSU awards with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tenable Holdings Co-Chief Executive Officer Stephen A. Vintz reported compensation-related stock activity tied to vesting of restricted stock units and performance restricted stock units on May 22, 2026. He exercised awards covering 27,413 shares of common stock, converting RSUs and PRSUs into regular shares.
To cover income tax obligations from this vesting, 13,121 shares were withheld by the company at a value of $25.45 per share, which the filing notes does not represent an open-market sale. After these transactions, Vintz directly holds 475,587 shares of Tenable common stock.
Positive
- None.
Negative
- None.
Insights
Routine RSU and PRSU vesting with tax withholding, no open-market trades.
The filing shows Stephen A. Vintz, Co-Chief Executive Officer of Tenable Holdings, converting equity awards into 27,413 shares of common stock and having 13,121 shares withheld at $25.45 per share to satisfy tax obligations. Codes M and F indicate option/RSU exercises and tax withholding, not market purchases or sales.
No open-market buy or sell transactions are reported, and derivativeSummary is empty, consistent with equity awards being settled. Following the activity, Vintz directly holds 475,587 common shares, suggesting these events are part of ongoing compensation and vesting schedules rather than a change in his discretionary exposure.
Insider Trade Summary
27,413 shares exercised/converted
Mixed
18 txns
Insider
Vintz Stephen A
Role
Co-Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Units | 1,595 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 2,345 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 6,095 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,095 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,764 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,519 | $0.00 | -- |
| Exercise | Common Stock | 1,595 | $0.00 | -- |
| Tax Withholding | Common Stock | 764 | $25.45 | $19K |
| Exercise | Common Stock | 2,345 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,123 | $25.45 | $29K |
| Exercise | Common Stock | 6,095 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,917 | $25.45 | $74K |
| Exercise | Common Stock | 5,095 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,438 | $25.45 | $62K |
| Exercise | Common Stock | 7,764 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,716 | $25.45 | $95K |
| Exercise | Common Stock | 4,519 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,163 | $25.45 | $55K |
Holdings After Transaction:
Performance Restricted Stock Units — 4,790 shares (Direct, null);
Restricted Stock Units — 15,286 shares (Direct, null);
Common Stock — 475,129 shares (Direct, null)
Footnotes (1)
- 820 shares were acquired under the Issuer's Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c). 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. On February 21, 2024, the Compensation Committee of the Issuer's Board of Directors certified the achievement of the Performance Restricted Stock Units (PRSUs) granted on February 22, 2023 and determined a 93.9% payout for the measurement period based on the Issuer's fiscal year 2023 criteria. 25% of the shares underlying the PRSUs vested on February 22, 2024, with the remainder vesting in equal quarterly installments over 3 years, 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. On February 13, 2025, the Compensation Committee of the Issuer's Board of Directors certified the achievement of the Performance Restricted Stock Units (PRSUs) granted on February 22, 2024 and determined a 96.4% payout for the measurement period based on the Issuer's fiscal year 2024 criteria. 25% of the shares underlying the PRSUs vested on February 22, 2025, with the remainder vesting in equal quarterly installments over 3 years, 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. On February 25, 2026, the Compensation Committee of the Issuer's Board of Directors certified the achievement of the Performance Restricted Stock Units (PRSUs) granted on February 21, 2025 and determined a 97.2% payout for the measurement period based on the Issuer's fiscal year 2025 criteria. 25% of the shares underlying the PRSUs vested on February 25, 2026, with the remainder vesting in equal quarterly installments over 3 years, 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. 25% of the shares underlying the RSUs vested on February 22, 2024, with the remainder vesting in equal quarterly installments over 3 years, 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. 25% of the shares underlying the RSUs vested on August 22, 2025, 25% on February 22, 2026, with the remainder vesting in equal quarterly installments over 3 years, 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. 25% of the shares underlying the RSUs vested on February 22, 2025, with the remainder vesting in equal quarterly installments over 3 years, 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
Shares from award exercises: 27,413 shares
Shares withheld for taxes: 13,121 shares
Tax withholding share value: $25.45 per share
+3 more
6 metrics
Shares from award exercises
27,413 shares
Common stock acquired via RSU and PRSU exercises on May 22, 2026
Shares withheld for taxes
13,121 shares
Withheld to satisfy income tax obligations from vesting at $25.45 per share
Tax withholding share value
$25.45 per share
Value applied to shares withheld for tax remittance
Post-transaction holdings
475,587 shares
Tenable common stock directly held by Stephen Vintz after transactions
Tax-withholding transactions
6 entries, 13,121 shares
Form 4 summary of F-code tax-withholding dispositions
Equity award exercises
6 entries, 27,413 shares
Form 4 summary of M-code derivative exercises/conversions
Key Terms
Employee Stock Purchase Plan, Restricted Stock Units, Performance Restricted Stock Units, Rule 16b-3(d), +1 more
5 terms
Employee Stock Purchase Plan financial
"820 shares were acquired under the Issuer's Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d)…"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Restricted Stock Units financial
"Represents the number of shares of Common Stock that have been withheld…in connection with the net settlement of the Restricted Stock Units ("RSUs")…"
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.
Performance Restricted Stock Units financial
"the Performance Restricted Stock Units (PRSUs) granted on February 22, 2023 and determined a 93.9% payout…"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
Rule 16b-3(d) regulatory
"820 shares were acquired under the Issuer's Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d)…"
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
net settlement financial
"shares…withheld by the issuer to satisfy its income tax withholding…in connection with the net settlement of the Restricted Stock Units"
FAQ
What insider transactions did Tenable (TENB) Co-CEO Stephen Vintz report?
Stephen Vintz reported vesting-related transactions, exercising awards for 27,413 Tenable common shares and having 13,121 shares withheld for taxes at $25.45 per share. These were equity compensation events rather than open-market buying or selling of stock.
What is the significance of the $25.45 price in the Tenable (TENB) Form 4?
The $25.45 figure is the value per share used when Tenable withheld 13,121 shares to cover income tax obligations from RSU and PRSU vesting. It is not an open-market transaction price but a valuation applied for tax-withholding purposes in the compensation process.
What types of equity awards vested for Tenable (TENB) Co-CEO Stephen Vintz?
The Form 4 shows vesting and conversion of Restricted Stock Units and Performance Restricted Stock Units into common stock. Each RSU or PRSU represents a right to receive one Tenable common share upon vesting, subject to performance certification and continued service conditions outlined by the compensation committee.