Tandem Diabetes Care (TNDM) EVP details RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tandem Diabetes Care executive Elizabeth Anne Gasser reported routine equity compensation activity. On February 17, 2026, she acquired 1,503 and 1,097 shares of common stock upon vesting and conversion of restricted stock units at a stated price of $0.00 per share.
To cover tax withholding on these vestings, 887 and 647 shares of common stock were withheld by the company at $18.95 per share; the footnotes state that no shares were sold in the market. After these transactions, she holds additional common stock indirectly, including 25,949 shares held by The Gasser Family Trust dated September 1, 2011, where she is a co‑trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,600 shares exercised/converted
Mixed
7 txns
Insider
Gasser Elizabeth Anne
Role
EVP, Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,503 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 1,097 | $0.00 | -- |
| Exercise | Common Stock | 1,503 | $0.00 | -- |
| Tax Withholding | Common Stock | 887 | $18.95 | $17K |
| Exercise | Common Stock | 1,097 | $0.00 | -- |
| Tax Withholding | Common Stock | 647 | $18.95 | $12K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,503 shares (Direct);
Common Stock — 1,503 shares (Direct);
Common Stock — 25,949 shares (Indirect, See Footnote)
Footnotes (1)
- 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.
FAQ
What did Elizabeth Gasser report in this Tandem Diabetes Care (TNDM) Form 4?
Elizabeth Gasser reported routine equity compensation activity, showing restricted stock units converting into common shares and related tax-withholding transactions. The filing details RSU vesting, share issuances at $0.00 per share, and shares withheld by Tandem Diabetes Care to satisfy tax obligations.
What tax-withholding transactions are disclosed for Tandem Diabetes Care (TNDM) in this Form 4?
To cover tax obligations on RSU vesting, the company withheld 887 and 647 common shares at $18.95 per share. According to the footnotes, these withholdings represent payment of tax liability by delivering shares, with no open-market sales taking place.
What do the footnotes say about Elizabeth Gasser’s RSU awards at Tandem Diabetes Care (TNDM)?
Footnotes state RSUs were awarded under the 2023 Long-Term Incentive Plan, with separate grants on May 25, 2023 and May 23, 2024. Each RSU represents a contingent right to one common share or cash, vesting one‑third initially and the remainder in eight quarterly installments.