[Form 4] TANDEM DIABETES CARE INC Insider Trading Activity
Rhea-AI Filing Summary
Tandem Diabetes Care (TNDM) executive vice president and chief strategy officer Elizabeth A. Gasser reported several equity transactions in the company’s stock. She voluntarily disclosed acquiring 586 shares of common stock at $15.59 through the company’s Employee Stock Purchase Plan for the May 16, 2025 to November 17, 2025 purchase period.
On the same date, 1,503 and 1,096 shares of common stock were delivered upon the vesting of previously granted restricted stock units, at an exercise price of $0. To cover tax withholding on these RSU vestings, the company withheld 805 and 587 shares at a price of $18.61 per share; no shares were sold into the market.
Following these transactions, Gasser directly beneficially owns 3,000 shares of Tandem Diabetes Care common stock and indirectly beneficially owns 22,949 shares through The Gasser Family Trust dated September 1, 2011, where she serves as co-trustee. The RSUs were granted under the company’s 2023 Long-Term Incentive Plan and vest over multi-year schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,503 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 1,096 | $0.00 | -- |
| Grant/Award | Common Stock | 586 | $15.59 | $9K |
| Exercise | Common Stock | 1,503 | $0.00 | -- |
| Tax Withholding | Common Stock | 805 | $18.61 | $15K |
| Exercise | Common Stock | 1,096 | $0.00 | -- |
| Tax Withholding | Common Stock | 587 | $18.61 | $11K |
| 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 Gasser Family Trust dated September 1, 2011, of which Elizabeth A. Gasser is a co-trustee. Awarded on May 25, 2023 pursuant to the Tandem Diabetes Care Inc. 2023 Long-Term Incentive Plan, as amended, and agreements related thereto (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.