Tandem Diabetes EVP exercises 3,636 RSUs
Tandem Diabetes Care EVP & Chief Operating Officer Jean-Claude Kyrillos exercised restricted stock units and had shares withheld for taxes.
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.
Form Type
4
Rhea-AI Filing Summary
Tandem Diabetes Care EVP & Chief Operating Officer Jean-Claude Kyrillos exercised restricted stock units and had shares withheld for taxes. On April 15, 2026, he converted 3,636 restricted stock units into an equal number of common shares at a $0.00 exercise price under a long-term incentive plan.
To cover tax withholding on the RSU vesting, 1,926 common shares were withheld by Tandem Diabetes Care Inc. at $20.66 per share, with no shares sold on the market. Following these transactions, he directly holds 25,772 shares of common stock and 18,181 restricted stock units.
Insider Trade Summary
3,636 shares exercised/converted
Exercise
3 txns
Insider
Kyrillos Jean-Claude
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,636 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,636 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,926 | $20.66 | $40K |
Holdings After Transaction:
Restricted Stock Unit — 18,181 contracts (Direct);
Common Stock — 25,772 shares (Direct)
Footnotes (4)
- 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. Awarded on July 15, 2024 pursuant to the Tandem Diabetes Care Inc. 2023 Long-Term Incentive Plan, as amended, and agreements related thereto (the 2023 Plan).
- F3. 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.
- F4. RSU vest as to thirty-three percent (33%) of the total number of shares subject to the RSU on 7/15/2025, and the remaining shares shall vest in eight (8) equal quarterly installments thereafter.
Key Figures
RSUs exercised: 3,636 units
Shares withheld for taxes: 1,926 shares
Tax withholding price: $20.66 per share
+2 more
5 metrics
RSUs exercised
3,636 units
Restricted Stock Units converted to common stock on April 15, 2026
Shares withheld for taxes
1,926 shares
Common shares withheld to satisfy tax withholding at $20.66 per share
Tax withholding price
$20.66 per share
Value used for shares withheld to cover tax obligations
Common shares after transaction
25,772 shares
Direct holdings of common stock following Form 4 transactions
Restricted stock units after transaction
18,181 units
RSU holdings following exercise of 3,636 units
Key Terms
Restricted Stock Unit, tax withholding requirements, Long-Term Incentive Plan, vesting, +1 more
5 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" and description of RSUs"
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 Tandem Diabetes Care Inc. to satisfy tax withholding requirements"
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.
vesting financial
"RSU vest as to thirty-three percent (33%) of the total number of shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"Each RSU represents a contingent right to receive either one share of common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tandem Diabetes Care (TNDM) report for Jean-Claude Kyrillos?
Tandem Diabetes Care reported that EVP & Chief Operating Officer Jean-Claude Kyrillos exercised 3,636 restricted stock units into common shares. The transaction reflects scheduled equity compensation under the company’s 2023 Long-Term Incentive Plan rather than an open-market stock purchase or sale.
What restricted stock units vested for Jean-Claude Kyrillos at Tandem Diabetes Care (TNDM)?
On April 15, 2026, 3,636 restricted stock units vested and were converted into an equal number of common shares. These RSUs were awarded on July 15, 2024 under Tandem Diabetes Care’s 2023 Long-Term Incentive Plan and follow a scheduled vesting timetable.
How are the remaining restricted stock units for Jean-Claude Kyrillos at Tandem Diabetes Care (TNDM) structured?
The filing indicates that restricted stock units vest 33% on July 15, 2025, with the remaining shares vesting in eight equal quarterly installments. Each RSU represents a contingent right to receive one share of common stock or cash, at the issuer’s discretion, under the 2023 Long-Term Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates