Tenable (TENB) insider RSU vesting and tax-withheld shares detailed
Rhea-AI Filing Summary
Tenable Holdings, Inc. (TENB) reported insider equity activity for its Co-Chief Executive Officer and director on 11/24/2025. Multiple blocks of Performance Restricted Stock Units and Restricted Stock Units were converted into shares of common stock at an exercise price of $0, increasing the reporting person's direct holdings.
In connection with these vestings, several transactions at $25.68 per share reflect shares of common stock withheld by Tenable to cover income tax withholding obligations, as explained in the footnotes, and are not open-market sales. Following the reported transactions, the reporting person directly beneficially owned 373,496 shares of Tenable common stock, along with remaining awards of performance and time-based restricted stock units that continue to vest over time, subject to ongoing service conditions and potential accelerated vesting in specified circumstances.
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FAQ
What insider transaction did Tenable Holdings (TENB) report on this Form 4?
The filing reports that Tenable Holdings' Co-Chief Executive Officer and director had several tranches of Performance Restricted Stock Units and Restricted Stock Units convert into common stock on 11/24/2025, along with related tax withholding transactions.
How many Tenable (TENB) shares does the reporting person own after these transactions?
After the reported transactions on 11/24/2025, the reporting person directly beneficially owned 373,496 shares of Tenable Holdings common stock.
Were any of the Tenable (TENB) insider transactions open-market sales?
The footnotes state that certain transactions coded "F" represent shares of common stock withheld by the issuer at $25.68 per share to satisfy income tax withholding and remittance obligations in connection with net settlement of RSUs, and do not represent sales into the market.
What do the Tenable (TENB) RSUs and PRSUs represent for the insider?
Each Restricted Stock Unit (RSU) and Performance Restricted Stock Unit (PRSU) represents a contingent right to receive one share of Tenable common stock, subject to vesting, performance certification where applicable, and the reporting person’s continuous service with the company.
How are Tenable (TENB) performance-based RSUs determined and vested?
The filing explains that for multiple PRSU grants, the Compensation Committee certified achievement based on fiscal year 2022, 2023, and 2024 criteria, determining payout percentages such as 106%, 93.9%, and 96.4%. For each such award, 25% of underlying shares vested on a specified February date, with the remainder vesting in equal quarterly installments over three years, subject to continued service and potential accelerated vesting in specified circumstances.
What is the vesting schedule for Tenable (TENB) time-based RSUs mentioned in the filing?
For multiple RSU grants, the filing states that 25% of the shares underlying each award vested on a specified date (such as February 23, 2023, February 22, 2024, or February 22, 2025), with the remaining shares vesting in equal quarterly installments over three years, contingent on the reporting person’s continued service and subject to accelerated vesting in certain situations.
What role does the reporting person hold at Tenable Holdings (TENB)?
The reporting person is identified as both a Director and an Officer of Tenable Holdings, serving as Co-Chief Executive Officer.