Tenable (TENB) director Raymond Vicks Jr. exercises 6,062 RSUs and receives 9,718-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tenable Holdings director Raymond Vicks Jr. reported routine equity compensation transactions on May 13, 2026. He exercised previously granted restricted stock units, receiving 6,062 shares of common stock at a stated price of $0.00 per share, and now directly holds 22,328 common shares.
Vicks also received a new award of 9,718 restricted stock units, each representing one share of common stock. These RSUs vest on the earlier of May 13, 2027 or Tenable’s next annual shareholder meeting, subject to his continued service. Separately, 4,500 shares are held indirectly in a Uniform Transfers to Minors Act custodial account for his granddaughter, where he serves as custodian.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,062 shares exercised/converted
Mixed
4 txns
Insider
Vicks Raymond Jr.
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 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 22,328 shares (Direct, null);
Common Stock — 4,500 shares (Indirect, as Custodian)
Footnotes (1)
- The shares are held for the granddaughter of the Reporting Person, through a custodial account established pursuant to the Uniform Transfer to Minors Act ("UTMA") for which the reporting person serves as custodian. 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 shares
New RSU grant: 9,718 units
Direct common shares after transactions: 22,328 shares
+2 more
5 metrics
RSUs exercised
6,062 shares
Restricted stock units converted to common stock on May 13, 2026
New RSU grant
9,718 units
New restricted stock unit award on May 13, 2026
Direct common shares after transactions
22,328 shares
Common stock directly held by Raymond Vicks Jr. following the Form 4 transactions
Indirect UTMA holdings
4,500 shares
Shares held as custodian for granddaughter under UTMA
RSU vesting date (new grant)
May 13, 2027
Vests earlier of May 13, 2027 or next annual shareholder meeting, subject to service
Key Terms
Restricted Stock Units, Uniform Transfer to Minors Act ("UTMA"), custodian, vesting
4 terms
Restricted Stock Units financial
"100% of the shares underlying the RSUs vest on the earlier of May 13, 2027 or the Issuer's next annual shareholder meeting"
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.
Uniform Transfer to Minors Act ("UTMA") financial
"through a custodial account established pursuant to the Uniform Transfer to Minors Act ("UTMA") for which the reporting person serves as custodian"
custodian financial
"for which the reporting person serves as custodian"
A custodian is a financial institution that holds and safeguards an investor's assets—such as stocks, bonds, or cash—and records transactions on the investor's behalf. Think of it as a trusted caretaker or safe-deposit box for investments; it helps prevent loss or theft, handles paperwork and transfers, and provides transparency and regulatory checks, so investors can focus on decisions rather than the mechanics or security of asset storage.
vesting financial
"100% of the shares underlying the RSUs vested as of May 13, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did Raymond Vicks Jr. report for Tenable (TENB)?
Raymond Vicks Jr. reported the exercise of 6,062 restricted stock units into common stock and a new grant of 9,718 RSUs. These are routine equity compensation events rather than open-market purchases or sales, and no shares were reported as sold in this filing.
What are the terms of the new 9,718 RSU grant to Raymond Vicks Jr. at Tenable (TENB)?
The new award covers 9,718 restricted stock units, each representing one Tenable common share. All shares underlying these RSUs vest on the earlier of May 13, 2027 or the company’s next annual shareholder meeting, provided he continues serving the company, with specified accelerated vesting circumstances.
What happened to the previously granted RSUs reported by Raymond Vicks Jr. at Tenable (TENB)?
Previously granted RSUs covering 6,062 shares of Tenable common stock fully vested as of May 13, 2026. Those RSUs were exercised, resulting in the issuance of 6,062 common shares at a stated price of $0.00 per share, and the RSU position for that grant is now zero.
Does the Tenable (TENB) Form 4 for Raymond Vicks Jr. show any stock sales?
The Form 4 does not report any open-market stock sales. It shows an RSU exercise converting 6,062 units into common shares and a new grant of 9,718 RSUs, with all transactions classified as acquisitions or exercises rather than dispositions or sales in the transaction summary.