Tandem Diabetes CFO granted 62,657 RSUs
Vosseller Leigh reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Vosseller Leigh reported acquisition or exercise transactions in this Form 4 filing.
Tandem Diabetes Care executive vice president and chief financial officer Leigh Vosseller received a grant of 62,657 restricted stock units (RSUs) under the company’s 2023 Long-Term Incentive Plan. Each RSU represents a contingent right to receive one share of common stock or cash at the company’s discretion.
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, subject to plan terms and continued eligibility. This is a stock-based compensation award, not an open-market share purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 62,657 | $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 subject to the terms of the 2023 Plan.
Key Figures
Key Terms
Restricted Stock Unit financial
2023 Long-Term Incentive Plan financial
contingent right financial
vest financial
FAQ
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What did Tandem Diabetes Care (TNDM) CFO Leigh Vosseller report on this Form 4?
How many restricted stock units were granted to the TNDM CFO?
What is the vesting schedule for the 62,657 RSUs granted by Tandem Diabetes Care?
Is this Tandem Diabetes Care Form 4 a stock purchase or sale by the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.