Tandem Diabetes director reports RSU grant, vesting
Tandem Diabetes Care director Christopher J. Twomey reported equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
Tandem Diabetes Care director Christopher J. Twomey reported equity compensation activity. On May 20, 2026, he received a grant of 10,220 Restricted Stock Units (RSUs), each representing a contingent right to one share of common stock or cash under the 2023 Long-Term Incentive Plan.
On May 21, 2026, a prior grant of 8,759 RSUs (awarded on May 21, 2025) fully vested and converted into common shares, increasing his directly held common stock to 24,434 shares. Additional common shares are held indirectly by the Chris J. Twomey and Rebecca J. Twomey Family Trust and by Twomey Family Investments, LLC, where he shares voting and investment power and disclaims beneficial ownership except for his proportionate pecuniary interest.
Insider Trade Summary
8,759 shares exercised/converted
Exercise
5 txns
Insider
TWOMEY CHRISTOPHER J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 8,759 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,759 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 10,220 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 10,220 contracts (Direct);
Common Stock — 24,434 shares (Direct);
Common Stock — 5,112 shares (Indirect, See Footnote);
Common Stock — 7,568 shares (Indirect, See Footnotes)
Footnotes (5)
- F1. The securities are held by the Chris J. Twomey and Rebecca J. Twomey Family Trust UTD September 20, 2002.
- F2. The securities are directly owned by Twomey Family Investments, LLC. The Reporting Person is co-manager of Twomey Family Investments, LLC and shares voting and investment power over these securities held by Twomey Family Investments, LLC and may be deemed to have indirect beneficial ownership of such shares. The Reporting Person disclaims beneficial ownership of such securities held by Twomey Family Investments, LLC, except to the extent of his proportionate pecuniary interest therein.
- F3. Each restricted stock units (RSU) represents a contingent right to receive either one share of the Issuers common stock or cash in lieu thereof, at the Issuers 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).
- F4. RSU will vest on the one-year anniversary of the grant date, subject to the terms of the 2023 Plan.
- F5. On May 21, 2025, the Reporting Person was granted 8,759 RSUs, all of which vested and converted into shares of the Issuers common stock on the one-year anniversary thereof in accordance with the 2023 Plan.
Key Figures
RSUs vested: 8,759 units
New RSU grant: 10,220 units
Direct common shares after transactions: 24,434 shares
+2 more
5 metrics
RSUs vested
8,759 units
RSUs granted May 21, 2025 and vested on one-year anniversary
New RSU grant
10,220 units
Grant to director on May 20, 2026 under 2023 Plan
Direct common shares after transactions
24,434 shares
Common stock directly held by Christopher J. Twomey after RSU vesting
Family trust indirect holding
7,568 shares
Common stock held by Chris J. Twomey and Rebecca J. Twomey Family Trust
Family LLC indirect holding
5,112 shares
Common stock held by Twomey Family Investments, LLC; proportional pecuniary interest only
Key Terms
Restricted Stock Unit, derivative security, beneficial ownership, pecuniary interest, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock units (RSU) represents a contingent right to receive either one share of the Issuers common stock or cash in lieu thereof"
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
beneficial ownership financial
"may be deemed to have indirect beneficial ownership of such shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of such securities held by Twomey Family Investments, LLC, except to the extent of his proportionate pecuniary interest therein"
Long-Term Incentive Plan financial
"in accordance with the terms of 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did TNDM director Christopher Twomey report?
Director Christopher J. Twomey reported equity compensation activity, not open-market trading. A prior grant of 8,759 RSUs vested into common stock, and he received a new grant of 10,220 RSUs under Tandem Diabetes Care’s 2023 Long-Term Incentive Plan.
What RSU grant did Tandem Diabetes (TNDM) give Christopher Twomey on May 20, 2026?
On May 20, 2026, Christopher J. Twomey received a grant of 10,220 Restricted Stock Units. Each RSU represents a contingent right to one Tandem Diabetes Care common share or cash, subject to vesting under the company’s 2023 Long-Term Incentive Plan.
How are Christopher Twomey’s indirect Tandem Diabetes (TNDM) holdings structured?
Indirect holdings are reported through the Chris J. Twomey and Rebecca J. Twomey Family Trust and Twomey Family Investments, LLC. Twomey shares voting and investment power over LLC-held shares and disclaims beneficial ownership except for his proportionate pecuniary interest there.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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