Tenable (NASDAQ: TENB) CAO exercises RSUs; no open-market sale
Rhea-AI Filing Summary
Tenable Holdings, Inc. (TENB) reported insider equity activity by Chief Accounting Officer Barron Anschutz. On August 24, 2026, 4,224 Restricted Stock Units were exercised or converted into 4,224 shares of common stock. In connection with this net settlement, 2,022 shares of common stock were withheld by the issuer at $33.94 per share to satisfy income tax withholding and remittance obligations, and the filing states this withholding "does not represent a sale." The RSUs vest over time in quarterly installments, subject to continued service and potential accelerated vesting in specified circumstances.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,202 shares
Net Buy
9 txns
Insider
Anschutz Barron
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 1,337 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F4 | 1,258 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F5 | 1,629 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,337 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 640 | $33.94 | $22K |
| Exercise | Common Stock | 1,258 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 602 | $33.94 | $20K |
| Exercise | Common Stock | 1,629 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 780 | $33.94 | $26K |
Holdings After Transaction:
Restricted Stock Units — 26,512 shares (Direct);
Common Stock — 76,077 shares (Direct)
Footnotes (5)
- 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. 25% of the shares underlying the RSUs 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. 25% of the shares underlying the RSUs 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. 25% of the shares underlying the RSUs vested 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.
Key Figures
RSUs exercised or converted: 4,224 shares
Shares withheld for taxes: 2,022 shares
Per-share amount on tax-withholding shares: $33.94 per share
+3 more
6 metrics
RSUs exercised or converted
4,224 shares
Derivative transactions (code M) reported for August 24, 2026
Shares withheld for taxes
2,022 shares
Code F tax-withholding dispositions related to RSU net settlement
Per-share amount on tax-withholding shares
$33.94 per share
Common stock transactions reported with code F on August 24, 2026
RSU-to-share ratio
1 RSU to 1 share
Each RSU represents a contingent right to receive one share of issuer common stock
Initial vesting portion
25%
For each RSU grant, 25% of shares vested on February 22 of 2024, 2025, or 2026
Remaining vesting period
3 years
Remainder of RSU grants vesting in equal quarterly installments over 3 years
Key Terms
Restricted Stock Units, net settlement, income tax withholding, contingent right, +1 more
5 terms
Restricted Stock Units financial
"Represents the number of shares of Common Stock ... net settlement of the Restricted Stock Units"
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
"obligations 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 and remittance obligations"
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
accelerated vesting financial
"subject to accelerated vesting in specified circumstances"
A contract feature that makes stock awards, options, or restricted shares become owned or exercisable earlier than the original schedule. It shortens or cancels the waiting period so recipients can sell, transfer, or exercise their equity sooner — think of a timed lock that is unlocked ahead of schedule. It matters to investors because it changes when shares enter the market, who controls them, and how much dilution or ownership concentration happens.
FAQ
What insider transactions did TENB report for Barron Anschutz on August 24, 2026?
On August 24, 2026, Barron Anschutz exercised 4,224 RSUs into 4,224 TENB common shares. In the same event, 2,022 shares were withheld by the issuer to cover income tax withholding obligations related to the net settlement of those RSUs.
Did the TENB insider Form 4 report any open-market sales of stock?
The filing states that 2,022 shares were withheld to satisfy income tax obligations and "does not represent a sale." The transactions are reported as RSU exercises and related tax-withholding dispositions, not open-market purchases or sales.
How many Restricted Stock Units did the TENB insider exercise or convert?
The transaction summary shows 4,224 derivative shares (RSUs) exercised or converted. These RSUs each represent a contingent right to receive one share of TENB common stock, resulting in 4,224 common shares issued upon settlement.
How do the RSUs for TENB’s Barron Anschutz vest over time?
For each RSU grant referenced, 25% of the underlying shares vested on February 22 of 2024, 2025, or 2026, respectively, with the remainder vesting in equal quarterly installments over 3 years, subject to continuous service and potential accelerated vesting in specified circumstances.
Was a Rule 10b5-1 trading plan involved in this TENB Form 4?
The document-level Rule 10b5-1 checkbox is reported as false, meaning the box for affirming that the reported transactions were made under a Rule 10b5-1 trading arrangement was not checked in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
