Tandem Diabetes (NASDAQ: TNDM) CLO RSUs vest, with shares withheld for taxes
Rhea-AI Filing Summary
TANDEM DIABETES CARE INC (TNDM) reported that EVP & Chief Legal Officer Shannon Marie Hansen had 3,014 Restricted Stock Units vest and convert into an equal number of common shares on 2026-08-15. Of these, 1,535 shares were withheld at $22.72 per share to cover tax obligations, with no open‑market sales. A separate indirect holding of 1,935 common shares is reported in the Shannon M. Hansen Trust.
Positive
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Negative
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Insider Trade Summary
Net Buyer: 1,479 shares
Net Buy
7 txns
Insider
Hansen Shannon Marie
Role
EVP & Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F3, F4, F5 | 1,097 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F6, F4, F7 | 1,917 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,097 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 559 | $22.72 | $13K |
| Exercise | Common Stock | 1,917 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 976 | $22.72 | $22K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 16,708 shares (Direct);
Common Stock — 31,650 shares (Direct);
Common Stock — 1,935 shares (Indirect, Shannon M. Hansen 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 Shannon M. Hansen Trust dated July 8, 2003, of which Shannon M. Hansen 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 vested and converted: 3,014 shares
Shares withheld for taxes: 1,535 shares
Tax withholding price: $22.72 per share
+3 more
6 metrics
RSUs vested and converted
3,014 shares
Restricted Stock Units converting into common stock on 2026-08-15
Shares withheld for taxes
1,535 shares
Shares withheld to satisfy tax withholding requirements on RSU vesting
Tax withholding price
$22.72 per share
Price used for shares withheld for tax obligations
Indirect trust holdings
1,935 shares
Common stock held by the Shannon M. Hansen Trust
2024 RSUs exercised
1,097 RSUs
RSUs awarded May 23, 2024 that vested and converted
2025 RSUs exercised
1,917 RSUs
RSUs awarded May 30, 2025 that vested and converted
Key Terms
Restricted Stock Unit, tax withholding requirements, Long-Term Incentive Plan, indirect ownership
4 terms
Restricted Stock Unit financial
"Shares withheld by the Issuer to satisfy tax withholding requirements upon the vesting of restricted stock units"
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.
tax withholding requirements financial
"Shares withheld by the Issuer to satisfy tax withholding requirements upon the vesting of restricted"
Long-Term Incentive Plan financial
"Awarded on May 23, 2024 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.
indirect ownership financial
"The securities are held by the Shannon M. Hansen Trust dated July 8, 2003"
FAQ
What insider equity transactions did TNDM report for Shannon Hansen on this Form 4?
TNDM reported that Shannon Marie Hansen had 3,014 RSUs convert into common stock on 2026-08-15. Of these, 1,535 shares were withheld to satisfy tax obligations, and the remaining shares were retained, with no open-market sales disclosed.
How many RSUs vested for Shannon Hansen at TNDM in this filing?
A total of 3,014 Restricted Stock Units vested and were converted into common stock. This consists of 1,097 RSUs from a 2024 award and 1,917 RSUs from a 2025 award, both granted under Tandem’s 2023 Long-Term Incentive Plan.
What indirect TNDM holdings does Shannon Hansen report on this Form 4?
The filing reports an indirect holding of 1,935 shares of common stock held by the Shannon M. Hansen Trust. The footnote indicates that Shannon Hansen is the trustee of this trust, which holds these shares on an indirect basis.
Under which plan were the RSUs granted to Shannon Hansen at TNDM?
The RSUs were granted under Tandem’s 2023 Long-Term Incentive Plan. Awards dated May 23, 2024 and May 30, 2025 vest over time, with one‑third vesting on specified May dates and the remainder in eight equal quarterly installments thereafter.
AI-generated analysis. How Rhea-AI works. Not financial advice.
