TNDM Form 4: John F. Sheridan Acquires 10K Shares on 08/11/2025
Rhea-AI Filing Summary
John F. Sheridan, President & CEO and director of Tandem Diabetes Care, Inc. (TNDM), reported a non-derivative purchase of 10,000 shares on 08/11/2025. The filing states the trades executed at prices ranging from $10.19 to $10.33, with a weighted average purchase price of $10.2318. Following the reported transaction, the reporting person beneficially owned 106,327 shares.
The Form 4 identifies the filing as by one reporting person and includes an explanatory note that full details of the multiple trades (number of shares per trade and individual prices) will be provided upon request. The form is signed by Rachel Malina as attorney-in-fact for John F. Sheridan.
Positive
- Insider purchase recorded: CEO/Director John F. Sheridan acquired 10,000 shares on 08/11/2025 at a weighted average price of $10.2318.
- Post-transaction ownership disclosed: Beneficial ownership increased to 106,327 shares following the reported purchase.
Negative
- None.
Insights
TL;DR: The CEO purchased 10,000 shares at a $10.2318 weighted average, raising direct beneficial ownership to 106,327 shares.
The Form 4 documents a straightforward non-derivative purchase executed on 08/11/2025 in multiple trades with prices between $10.19 and $10.33, producing a weighted average price of $10.2318. The filing shows this was reported by one person and provides a precise post-transaction ownership figure of 106,327 shares. All figures are stated explicitly in the filing; no derivative instruments or dispositions are reported. The reporting and signature details are provided in the document.
TL;DR: Routine Section 16 filing: CEO/director purchase reported by attorney-in-fact, with an explanatory disclosure about multiple trades.
The submission is a standard Form 4 reporting a non-derivative acquisition by John F. Sheridan, identified as President & CEO and director. The form notes the transaction executed in multiple trades and offers to provide full trade breakdowns upon request. It is filed as a single reporting person and bears an attorney-in-fact signature, indicating compliance with filing procedures rather than unusual governance action.