Tenable Holdings (TENB) co-CEO exercises 27K RSUs in stock settlement
Rhea-AI Filing Summary
Tenable Holdings, Inc. (TENB) reported that Co-Chief Executive Officer Stephen A. Vintz settled multiple tranches of Performance Restricted Stock Units (PRSUs) and Restricted Stock Units (RSUs) into common stock on August 24, 2026. These derivative exercises converted 27,413 shares of stock units into an equal number of shares of common stock. In connection with the net settlement of these RSUs, the issuer withheld 13,121 shares of common stock at $33.94 per share to satisfy income tax withholding and remittance obligations, which the company states does not represent a sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 14,292 shares
Net Buy
18 txns
Insider
Vintz Stephen A
Role
Co-Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Units F2, F3 | 1,595 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units F2, F4 | 2,345 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units F2, F5 | 6,095 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F6 | 5,095 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F7 | 7,764 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F8 | 4,519 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,595 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 764 | $33.94 | $26K |
| Exercise | Common Stock | 2,345 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 1,123 | $33.94 | $38K |
| Exercise | Common Stock | 6,095 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 2,917 | $33.94 | $99K |
| Exercise | Common Stock | 5,095 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 2,438 | $33.94 | $83K |
| Exercise | Common Stock | 7,764 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 3,716 | $33.94 | $126K |
| Exercise | Common Stock | 4,519 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 2,163 | $33.94 | $73K |
Holdings After Transaction:
Performance Restricted Stock Units — 78,229 shares (Direct);
Restricted Stock Units — 114,949 shares (Direct);
Common Stock — 624,816 shares (Direct)
Footnotes (8)
- 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. On February 21, 2024, the Compensation Committee of the Issuer's Board of Directors certified the achievement of the Performance Restricted Stock Units (PRSUs) granted on February 22, 2023 and determined a 93.9% payout for the measurement period based on the Issuer's fiscal year 2023 criteria. 25% of the shares underlying the PRSUs vested on February 22, 2024, with the remainder vesting in equal quarterly installments over 3 years, 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.
- F4. On February 13, 2025, the Compensation Committee of the Issuer's Board of Directors certified the achievement of the Performance Restricted Stock Units (PRSUs) granted on February 22, 2024 and determined a 96.4% payout for the measurement period based on the Issuer's fiscal year 2024 criteria. 25% of the shares underlying the PRSUs vested on February 22, 2025, with the remainder vesting in equal quarterly installments over 3 years, 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.
- F5. On February 25, 2026, the Compensation Committee of the Issuer's Board of Directors certified the achievement of the Performance Restricted Stock Units (PRSUs) granted on February 21, 2025 and determined a 97.2% payout for the measurement period based on the Issuer's fiscal year 2025 criteria. 25% of the shares underlying the PRSUs vested on February 25, 2026, with the remainder vesting in equal quarterly installments over 3 years, 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.
- F6. 25% of the shares underlying the RSUs vest on February 22, 2024, with the remainder vesting in equal quarterly installments over 3 years, 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.
- F7. 25% of the shares underlying the RSUs vested on August 22, 2025, 25% on February 22, 2026, with the remainder vesting in equal quarterly installments over 3 years, 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.
- F8. 25% of the shares underlying the RSUs vest on February 22, 2025, with the remainder vesting in equal quarterly installments over 3 years, 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
Shares acquired via RSU/PRSU settlement: 27,413 shares
Shares withheld for taxes: 13,121 shares
Tax withholding reference price: $33.94 per share
+2 more
5 metrics
Shares acquired via RSU/PRSU settlement
27,413 shares
Total derivative exercise or conversion shares reported as exercises
Shares withheld for taxes
13,121 shares
Total shares used for income tax withholding and remittance obligations
Tax withholding reference price
$33.94 per share
Price used in code F tax-withholding dispositions of common stock
Derivative exercises (count)
6
Number of derivative transactions coded M
Tax-withholding transactions (count)
6
Number of non-derivative transactions coded F
Key Terms
Performance Restricted Stock Units, Restricted Stock Units, net settlement, income tax withholding, +1 more
5 terms
Performance Restricted Stock Units financial
"Exercise and settlement of Performance Restricted Stock Units into Common Stock"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
Restricted Stock Units financial
"net settlement of the Restricted Stock Units ("RSUs")"
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.
net settlement financial
"in connection with the net settlement of the Restricted Stock Units"
income tax withholding financial
"withheld by the issuer to satisfy its income tax withholding"
remittance obligations financial
"income tax withholding and remittance obligations in connection"
FAQ
What insider transaction did TENB report for Stephen A. Vintz on August 24, 2026?
Stephen A. Vintz exercised and settled PRSUs and RSUs into 27,413 shares of Tenable common stock, with part of the resulting shares withheld to cover tax obligations through net settlement.
Do the Form 4 tax-withholding entries for TENB represent market sales?
No. A footnote explains that the shares withheld represent stock retained by the issuer to satisfy income tax withholding and remittance obligations in connection with RSU net settlement and do not represent a sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
