Tenable Holdings (TENB) director exercises 6,062 RSUs, receives 9,718-unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tenable Holdings director Niloofar Razi Howe reported equity compensation activity involving restricted stock units. On May 13, 2026, 6,062 restricted stock units fully vested and were converted into 6,062 shares of common stock, increasing her direct holdings to 29,839 shares.
On the same date, she received a new grant of 9,718 restricted stock units, each representing a contingent right to one share of common stock. These new RSUs vest 100% on the earlier of May 13, 2027 or Tenable’s next annual shareholder meeting, subject to her continued service and certain acceleration conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,062 shares exercised/converted
Mixed
3 txns
Insider
Howe Niloofar Razi
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,062 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 9,718 | $0.00 | -- |
| Exercise | Common Stock | 6,062 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 29,839 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock. 100% of the shares underlying the RSUs vested as of May 13, 2026. 100% of the shares underlying the RSUs vest on the earlier of May 13, 2027 or the Issuer's next annual shareholder meeting, 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
RSUs exercised: 6,062 units
New RSU grant: 9,718 units
Shares after transaction: 29,839 shares
+2 more
5 metrics
RSUs exercised
6,062 units
RSUs converted to common stock on May 13, 2026
New RSU grant
9,718 units
Awarded to director on May 13, 2026
Shares after transaction
29,839 shares
Common stock directly held after RSU conversion
Outstanding RSUs
9,718 units
Remain subject to future vesting conditions
RSU vesting date
May 13, 2027
Latest vesting date or earlier at next shareholder meeting
Key Terms
Restricted Stock Units, contingent right, vested, accelerated vesting, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock."
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.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock."
vested financial
"100% of the shares underlying the RSUs vested as of May 13, 2026."
accelerated vesting financial
"subject to accelerated vesting in specified circumstances."
derivative security financial
"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.
FAQ
What insider transactions did Tenable (TENB) director Niloofar Razi Howe report?
Niloofar Razi Howe reported the vesting and conversion of 6,062 RSUs into common stock and a new grant of 9,718 RSUs. These transactions reflect routine equity compensation rather than open-market share purchases or sales.
What are the terms of the 9,718 restricted stock units granted at Tenable (TENB)?
The 9,718 RSUs each represent a contingent right to one Tenable share. They vest 100% on the earlier of May 13, 2027 or the company’s next annual shareholder meeting, assuming Howe’s continuous service and subject to specified acceleration conditions.
What does it mean that 6,062 Tenable (TENB) RSUs vested for Niloofar Razi Howe?
Vesting of 6,062 RSUs means those units satisfied their service conditions and converted into 6,062 common shares. Following this conversion, Howe’s direct Tenable share ownership increased to 29,839 shares according to the Form 4.