Tenable (TENB) director converts 3,188 RSUs into 20,231-share holding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tenable Holdings director Margaret M. Keane exercised restricted stock units into common shares. On June 15, 2026, she converted 3,188 restricted stock units into 3,188 shares of common stock at a stated price of $0.00 per share. Following this transaction, she directly holds 20,231 common shares. Footnotes state that each RSU represented one share of common stock and that 100% of the underlying shares had vested as of June 13, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,188 shares exercised/converted
Mixed
2 txns
Insider
KEANE MARGARET M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,188 | $0.00 | -- |
| Exercise | Common Stock | 3,188 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 20,231 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 June 13, 2026.
Key Figures
RSUs exercised: 3,188 units
Common shares received: 3,188 shares
Post-transaction holdings: 20,231 shares
+3 more
6 metrics
RSUs exercised
3,188 units
Restricted stock units converted on June 15, 2026
Common shares received
3,188 shares
Common stock issued upon RSU conversion
Post-transaction holdings
20,231 shares
Direct common stock ownership after June 15, 2026 transaction
Exercise price
$0.00 per share
Stated price per share for RSU conversion
Transactions classified as acquisitions
2 transactions
Both derivative and non-derivative entries marked as acquire
Exercise events
1 exercise, 3,188 shares
transactionSummary exerciseCount and exerciseShares
Key Terms
Restricted Stock Units, derivative security, contingent right
3 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and footnote defining each RSU"
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.
derivative security financial
"transaction_code_description: "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.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
FAQ
What insider transaction did Tenable (TENB) director Margaret M. Keane report?
Margaret M. Keane reported exercising 3,188 restricted stock units into 3,188 shares of Tenable common stock. This was an option-style conversion of equity awards, not an open-market purchase or sale, and reflects routine compensation-related activity rather than a discretionary trade.
Were Tenable (TENB) restricted stock units vested before conversion on this Form 4?
Yes. Footnotes state that 100% of the shares underlying the restricted stock units were vested as of June 13, 2026. The June 15, 2026 transaction simply converted these fully vested RSUs into an equivalent number of Tenable common shares on a one-for-one basis.
What does the M transaction code mean in this Tenable (TENB) Form 4?
The M code indicates exercise or conversion of a derivative security, not a market trade. In this filing, 3,188 restricted stock units converted into 3,188 Tenable common shares, reflecting settlement of equity awards rather than a purchase or sale on a stock exchange.