Tenable (TENB) CFO converts stock units; shares withheld for taxes
Rhea-AI Filing Summary
Tenable Holdings, Inc. (TENB) reported insider equity activity by Chief Financial Officer Matthew Charles Brown. On 2026-08-21, 14,544 Restricted Stock Units (RSUs), each representing one share of common stock, were exercised and converted into 14,544 shares of common stock. Following this conversion, Brown held 174,536 RSUs directly.
On the same date, 7,400 shares of common stock were withheld by Tenable at $34.38 per share to satisfy income tax withholding and remittance obligations in connection with the net settlement of the RSUs; the issuer states this does not represent a sale. The RSUs subject to this award will vest in 16 equal quarterly installments over four years starting November 21, 2025, contingent on continued service and with potential accelerated vesting in specified circumstances. The filing indicates the Rule 10b5-1 trading plan checkbox was not selected.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 14,544 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,544 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 7,400 | $34.38 | $254K |
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 restricted stock unit ("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
Key Terms
Restricted Stock Units financial
net settlement financial
income tax withholding financial
vesting financial
contingent right financial
FAQ
What insider transactions did TENB CFO Matthew Charles Brown report on this Form 4?
How many RSUs does TENB CFO Matthew Charles Brown hold after these transactions?
Does the TENB Form 4 indicate any open-market buying or selling by the CFO?
What is the vesting schedule for the RSUs reported by TENB’s CFO?
Were the TENB insider transactions made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.