Tandem Diabetes (TNDM) EVP reports RSU vesting and updated holdings
Rhea-AI Filing Summary
Tandem Diabetes Care Inc. executive vice president and chief commercial officer Mark D. Novara reported equity activity involving company stock. On 12/15/2025, 7,415 shares of common stock were acquired at an exercise price of $0 upon the vesting and settlement of restricted stock units granted under the 2023 Long-Term Incentive Plan. To cover tax withholding on this vesting, 3,843 shares were withheld by the company at a price of $22.11 per share, and no shares were sold into the market.
After these transactions, Novara directly beneficially owned 35,956 shares of Tandem Diabetes Care common stock and 29,658 restricted stock units, each representing a contingent right to receive one share of common stock or cash, in accordance with the plan’s terms.
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FAQ
What insider transaction did TNDM executive Mark D. Novara report?
Mark D. Novara reported the vesting and settlement of 7,415 restricted stock units into Tandem Diabetes Care common stock on 12/15/2025, at an exercise price of $0.
How many Tandem Diabetes Care (TNDM) shares were withheld for taxes?
The company withheld 3,843 shares of common stock at $22.11 per share to satisfy tax withholding requirements related to the RSU vesting. No shares were sold.
How many Tandem Diabetes Care (TNDM) shares does Mark D. Novara own after this Form 4?
Following the reported transactions, Mark D. Novara directly beneficially owned 35,956 shares of Tandem Diabetes Care common stock.
How many restricted stock units does the TNDM executive still hold?
After the vesting event, Mark D. Novara held 29,658 restricted stock units, each representing a contingent right to receive one share of common stock or cash.
What plan governs the reported Tandem Diabetes Care (TNDM) RSU award?
The restricted stock units were awarded on December 15, 2023 under the Tandem Diabetes Care Inc. 2023 Long-Term Incentive Plan, as amended.
How do the reported TNDM RSUs vest for the executive?
The RSUs vest as to 33% of the total shares on 12/15/2024, with the remaining shares vesting in eight equal quarterly installments thereafter.