Tandem Diabetes Care CEO granted 191,103 RSUs
Sheridan John F reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Sheridan John F reported acquisition or exercise transactions in this Form 4 filing.
Tandem Diabetes Care reported that President and CEO John F. Sheridan received a grant of 191,103 restricted stock units (RSUs). Each RSU represents the right to receive one share of common stock or cash under the company’s 2023 Long-Term Incentive Plan.
One-third of the RSUs will vest on May 29, 2027, with the remaining units vesting in eight equal quarterly installments on the 15th of the month thereafter, encouraging longer-term alignment between the CEO and shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 191,103 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit (RSU) represents a contingent right to receive either one share of the Issuer's common stock or cash in lieu thereof, at the Issuer's discretion, in accordance with the terms of the Tandem Diabetes Care, Inc. 2023 Long-Term Incentive Plan, as amended, and agreements related thereto (the 2023 Plan).
- F2. One-third of such RSUs shall vest on 5/29/2027, and the remaining RSUs shall vest in eight (8) equal quarterly installments on the 15th of the month thereafter.
Key Figures
Key Terms
Restricted Stock Unit financial
contingent right financial
Long-Term Incentive Plan financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tandem Diabetes Care (TNDM) disclose?
How many RSUs did TNDM CEO John F. Sheridan receive in this Form 4?
When do John F. Sheridan’s 191,103 RSUs at Tandem Diabetes Care vest?
What does each Tandem Diabetes Care RSU granted to the CEO represent?
Is the TNDM CEO’s RSU grant an open‑market stock purchase or sale?
Under which plan were John F. Sheridan’s RSUs at Tandem Diabetes Care granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.