Tenable Co-CEO exercises 423,434 stock options
Stephen A. Vintz, Co-Chief Executive Officer of Tenable Holdings, exercised employee stock options for 423,434 shares of common stock at an exercise price of $16.21 per share.
Rhea-AI Filing Summary
Stephen A. Vintz, Co-Chief Executive Officer of Tenable Holdings, exercised employee stock options for 423,434 shares of common stock at an exercise price of $16.21 per share. All shares under this option were already fully vested. In connection with this net exercise, 300,736 shares were withheld by the issuer at $36.48 per share to satisfy the exercise price and related tax withholding obligations; this did not involve any market sale of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
423,434 shares exercised/converted
Exercise
3 txns
Insider
Vintz Stephen A
Role
Co-Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) F2 | 423,434 | $0.00 | $0.00 |
| Exercise | Common Stock | 423,434 | $16.21 | $6.86M |
| Exercise Price or Tax Liability | Common Stock F1 | 300,736 | $36.48 | $10.97M |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 contracts (Direct);
Common Stock — 610,524 shares (Direct)
Footnotes (2)
- F1. Represents the number of shares of Common Stock that have been withheld by the Issuer to satisfy the exercise price and the related tax withholding obligations in connection with the net exercise of the stock options reported herein. This transaction does not involve a market sale of shares.
- F2. 100% of the shares underlying the option vested as of June 21, 2022.
Key Figures
Options exercised: 423,434 shares
Option exercise price: $16.21 per share
Shares withheld for exercise price and taxes: 300,736 shares
+3 more
6 metrics
Options exercised
423,434 shares
Employee stock options converted into common stock on 2026-08-05
Option exercise price
$16.21 per share
Exercise price for 423,434 options exercised by Stephen A. Vintz
Shares withheld for exercise price and taxes
300,736 shares
Shares withheld by issuer in net exercise, not sold in market
Withholding reference price
$36.48 per share
Per-share value used for 300,736 withheld shares
Option expiration date
2028-06-21
Original expiration date of the exercised employee stock option
Vesting completion date
2022-06-21
Date by which 100% of shares underlying the option had vested
Key Terms
Employee Stock Option, net exercise, tax withholding obligations, Payment of exercise price or tax liability by delivering or withholding securities
4 terms
Employee Stock Option financial
"Represents the number of shares of Common Stock that have been withheld by the Issuer to satisfy the exercise price in connection with the net exercise of the stock options reported herein."
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
net exercise financial
"in connection with the net exercise of the stock options reported herein."
A net exercise is a way to convert stock options into shares without paying cash up front: instead of handing over money to buy the optioned shares, the holder receives only the number of shares equal to the option’s value after the company withholds a portion of shares to cover the exercise price and taxes. It matters to investors because it changes how many new shares are issued, affects dilution of existing shareholders, and alters company cash flow compared with a cash exercise.
tax withholding obligations financial
"to satisfy the exercise price and the related tax withholding obligations in connection with the net exercise"
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction code description "Payment of exercise price or tax liability by delivering or withholding securities""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Stephen A. Vintz report for TENB?
Stephen A. Vintz reported exercising employee stock options for 423,434 shares of Tenable Holdings common stock at an exercise price of $16.21 per share. The underlying option grant was fully vested before exercise and is now fully exercised.
What was the exercise price of the options Stephen A. Vintz exercised at Tenable (TENB)?
The employee stock options exercised by Stephen A. Vintz had an exercise price of $16.21 per share for 423,434 underlying shares. The option was fully vested and carried an original expiration date of June 21, 2028, before being fully exercised.
Were Stephen A. Vintz’s TENB transactions under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and the footnotes do not reference any Rule 10b5-1 arrangement. The reported transactions are described as an option exercise and related share withholding for price and taxes.
What happened to the specific Tenable (TENB) option grant reported by Stephen A. Vintz?
Vintz exercised an employee stock option covering 423,434 shares of Tenable common stock at $16.21 per share, and the filing shows 0 derivative shares remaining from this grant afterward. A footnote notes that 100% of the option’s shares had vested by June 21, 2022.
AI-generated analysis. How Rhea-AI works. Not financial advice.
