Tandem Diabetes (TNDM) CFO vests RSUs as shares withheld for tax
Rhea-AI Filing Summary
TANDEM DIABETES CARE INC (TNDM) reported insider equity activity by EVP & Chief Financial Officer Leigh Vosseller on August 15, 2026. Two blocks of restricted stock units (RSUs) covering 1,496 and 2,624 underlying shares were converted into common stock, and related RSU entries were removed.
Vosseller acquired 1,496 and 2,624 shares of common stock through these RSU vestings at a conversion price of $0.00 per share. A total of 537 and 942 shares were then withheld by Tandem Diabetes Care at $22.72 per share to satisfy tax withholding obligations; footnotes state that no shares were sold. Following these transactions, 25,580 shares of common stock are reported as held indirectly in the Leigh A. Vosseller Trust, for which Vosseller serves as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,641 shares
Net Buy
7 txns
Insider
Vosseller Leigh
Role
EVP & CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F3, F4, F5 | 1,496 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F6, F4, F7 | 2,624 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,496 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 537 | $22.72 | $12K |
| Exercise | Common Stock | 2,624 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 942 | $22.72 | $21K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 22,854 shares (Direct);
Common Stock — 52,040 shares (Direct);
Common Stock — 25,580 shares (Indirect, Leigh A. Vosseller Trust)
Footnotes (7)
- F1. Shares withheld by the Issuer to satisfy tax withholding requirements upon the vesting of restricted stock units (RSUs). No shares were sold.
- F2. The securities are held by the Leigh A. Vosseller Trust dated January 17, 2010, of which Leigh Vosseller is the Trustee.
- F3. Awarded on May 23, 2024 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. One-third of the RSUs granted on May 23, 2024 vested on May 15, 2025, with the remaining RSUs vesting in eight (8) equal quarterly installments thereafter, subject to the terms of the 2023 Plan.
- F6. Awarded on May 30, 2025 pursuant to the 2023 Plan.
- F7. One-third of the RSUs granted on May 30, 2025 vested on May 15, 2026, with the remaining RSUs vesting in eight (8) equal quarterly installments thereafter, subject to the terms of the 2023 Plan.
Key Figures
RSUs converted (first block): 1,496 shares
RSUs converted (second block): 2,624 shares
Shares withheld for taxes (first leg): 537 shares
+3 more
6 metrics
RSUs converted (first block)
1,496 shares
Restricted Stock Units converting into common stock on August 15, 2026
RSUs converted (second block)
2,624 shares
Restricted Stock Units converting into common stock on August 15, 2026
Shares withheld for taxes (first leg)
537 shares
Common shares withheld to satisfy tax withholding obligations at vesting
Shares withheld for taxes (second leg)
942 shares
Common shares withheld to satisfy tax withholding obligations at vesting
Tax withholding price
$22.72 per share
Value used for shares withheld to cover tax obligations
Indirect trust holdings
25,580 shares
Common stock held indirectly by the Leigh A. Vosseller Trust after transactions
Key Terms
Restricted Stock Unit, Long-Term Incentive Plan, contingent right, tax withholding requirements, +1 more
5 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit""
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Long-Term Incentive Plan financial
"pursuant to the Tandem Diabetes Care Inc. 2023 Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
contingent right financial
"Each RSU represents a contingent right to receive either one share"
tax withholding requirements financial
"Shares withheld by the Issuer to satisfy tax withholding requirements"
indirect ownership financial
"The securities are held by the Leigh A. Vosseller Trust"
FAQ
What insider transactions did TNDM’s CFO Leigh Vosseller report on August 15, 2026?
On August 15, 2026, CFO Leigh Vosseller reported RSU vestings converting 1,496 and 2,624 RSUs into common stock. The company then withheld 537 and 942 shares to cover tax withholding obligations at $22.72 per share.
What RSU grants underlie the August 15, 2026 transactions for TNDM?
The transactions relate to RSUs awarded on May 23, 2024 and May 30, 2025 under the 2023 Long-Term Incentive Plan. Each RSU represents a contingent right to receive one share of common stock or cash at Tandem’s discretion.
AI-generated analysis. How Rhea-AI works. Not financial advice.
