TNDM EVP Shannon Hansen reports ESPP buy and RSU vesting
Rhea-AI Filing Summary
Tandem Diabetes Care Inc. (TNDM) executive vice president and chief legal officer Shannon M. Hansen reported multiple equity transactions dated 11/17/2025 on a Form 4. Hansen voluntarily reported acquiring 800 shares of common stock through the company’s employee stock purchase plan for the May 16, 2025 to November 17, 2025 purchase period, a transaction noted as exempt under Rule 16b-3(c). Several restricted stock unit (RSU) awards were converted to common stock at a $0 exercise price, while 190, 515 and 393 shares were withheld by the company at $18.61 per share to cover tax obligations, with no market sales. After these transactions, Hansen directly holds 21,474 shares and indirectly holds 1,935 shares through the Shannon M. Hansen Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 530 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 1,437 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 1,096 | $0.00 | -- |
| Grant/Award | Common Stock | 800 | $15.59 | $12K |
| Exercise | Common Stock | 530 | $0.00 | -- |
| Tax Withholding | Common Stock | 190 | $18.61 | $4K |
| Exercise | Common Stock | 1,437 | $0.00 | -- |
| Tax Withholding | Common Stock | 515 | $18.61 | $10K |
| Exercise | Common Stock | 1,096 | $0.00 | -- |
| Tax Withholding | Common Stock | 393 | $18.61 | $7K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The reporting person is voluntarily reporting the acquisition of shares of common stock pursuant to the Tandem Diabetes Care Inc. Amended and Restated 2013 Employee Stock Purchase Plan (ESPP), for the ESPP purchase period of May 16, 2025, through November 17, 2025. This transaction is also exempt under Rule 16b-3(c). Shares withheld by Tandem Diabetes Care Inc. (the Company) to satisfy tax withholding requirements on vesting of restricted stock units (RSU). No shares were sold. The securities are held by the Shannon M. Hansen Trust dated July 8, 2003, of which Shannon M. Hansen is the Trustee. Awarded on February 15, 2022 pursuant to the Tandem Diabetes Care Inc. 2013 Stock Incentive Plan, as amended, and the agreements related thereto (the 2013 Plan). Each RSU represents a contingent right to receive either one share of common stock of the Issuer or cash in lieu thereof, at the Issuer's discretion, in accordance with the terms of the 2013 Plan. RSU vest as to twenty-five percent (25%) of the total number of shares subject to the RSU on 2/15/2023, and the remaining shares shall vest in twelve (12) equal quarterly installments thereafter. Awarded on May 25, 2023 pursuant to the Tandem Diabetes Care Inc. 2023 Long-Term Incentive Plan (the 2023 Plan). Each RSU represents a contingent right to receive either one share of common stock of the Issuer or cash in lieu thereof, at the Issuer's discretion, in accordance with the terms of the 2023 Plan. RSU vest as to thirty-three percent (33%) of the total number of shares subject to the RSU on 5/15/2024, and the remaining shares shall vest in eight (8) equal quarterly installments thereafter. Awarded on May 23, 2024 pursuant to the 2023 Plan. RSU vest as to thirty-three percent (33%) of the total number of shares subject to the RSU on 5/15/2025, and the remaining shares shall vest in eight (8) equal quarterly installments thereafter.
