Tandem EVP reports RSU vesting, tax offsets
Tandem Diabetes Care executive Elizabeth Anne Gasser reported routine equity compensation activity.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,503 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 1,097 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,503 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 887 | $18.95 | $17K |
| Exercise | Common Stock | 1,097 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 647 | $18.95 | $12K |
| holding | Common Stock | -- | -- | -- |
Footnotes (7)
- F1. 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.
- F2. The securities are held by The Gasser Family Trust dated September 1, 2011, of which Elizabeth A. Gasser is a co-trustee.
- F3. 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).
- F4. 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.
- F5. 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.
- F6. Awarded on May 23, 2024 pursuant to the 2023 Plan.
- F7. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Elizabeth Gasser report in this Tandem Diabetes Care (TNDM) Form 4?
What tax-withholding transactions are disclosed for Tandem Diabetes Care (TNDM) in this Form 4?
What do the footnotes say about Elizabeth Gasser’s RSU awards at Tandem Diabetes Care (TNDM)?
AI-generated analysis. How Rhea-AI works. Not financial advice.