Tandem Diabetes Care (TNDM) director receives 5,110 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Beaver Sandra reported acquisition or exercise transactions in this Form 4 filing.
Tandem Diabetes Care Inc. reported that director Sandra Beaver received a grant of 5,110 restricted stock units on May 20, 2026. Each RSU represents a contingent right to one share of common stock or cash, and the award will fully vest on the one-year anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Beaver Sandra
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 5,110 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 5,110 shares (Direct, null)
Footnotes (1)
- 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). Such RSUs were granted to the Reporting Person on May 20, 2026, and will vest on the one-year anniversary thereof, subject to the terms of the 2023 Plan.
Key Figures
RSUs granted: 5,110 units
Grant price: $0.00 per unit
Underlying common shares: 5,110 shares
+2 more
5 metrics
RSUs granted
5,110 units
Restricted stock units granted on May 20, 2026
Grant price
$0.00 per unit
Equity award, no cash paid by director
Underlying common shares
5,110 shares
Each RSU tied to one share of common stock
Vesting schedule
One-year cliff vesting
Vests on one-year anniversary of May 20, 2026 grant
Post-grant derivative holdings
5,110 RSUs
Total RSUs following the reported transaction
Key Terms
Restricted Stock Unit, 2023 Long-Term Incentive Plan, vest
3 terms
Restricted Stock Unit financial
"Each restricted stock units (RSU) represents a contingent right to receive either one share..."
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.
2023 Long-Term Incentive Plan financial
"in accordance with the terms of the Tandem Diabetes Care, Inc. 2023 Long-Term Incentive Plan..."
vest financial
"Such RSUs were granted to the Reporting Person... and will vest on the one-year anniversary thereof..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Tandem Diabetes Care (TNDM) report for Sandra Beaver?
Tandem Diabetes Care reported that director Sandra Beaver received 5,110 restricted stock units as an equity award. These units were granted on May 20, 2026 under the company’s 2023 Long-Term Incentive Plan and represent a contingent right to common stock or cash.
How many Tandem Diabetes Care (TNDM) RSUs were granted to Sandra Beaver?
Sandra Beaver was granted 5,110 restricted stock units of Tandem Diabetes Care. The RSUs were awarded at no cash cost per unit and are designed as equity-based compensation, aligning the director’s interests with shareholders through potential future delivery of common stock or cash.
When do Sandra Beaver’s Tandem Diabetes Care (TNDM) RSUs vest?
The 5,110 RSUs granted to Sandra Beaver vest on the one-year anniversary of the May 20, 2026 grant date. Vesting is subject to the terms of Tandem Diabetes Care’s 2023 Long-Term Incentive Plan and any related award agreements governing service conditions.
What does each RSU granted by Tandem Diabetes Care (TNDM) represent?
Each restricted stock unit represents a contingent right to receive either one share of Tandem Diabetes Care common stock or cash in lieu of a share. The choice between stock or cash is at the company’s discretion, following the 2023 Long-Term Incentive Plan terms.
Under which plan were Sandra Beaver’s Tandem Diabetes Care (TNDM) RSUs granted?
The RSUs were granted under the Tandem Diabetes Care, Inc. 2023 Long-Term Incentive Plan, as amended. This plan governs the terms of equity awards, including vesting, settlement in stock or cash, and other conditions applicable to the 5,110 RSUs awarded to Sandra Beaver.