Tandem Diabetes (NASDAQ: TNDM) CTO withholds 1,277 shares to cover RSU taxes
Rhea-AI Filing Summary
TANDEM DIABETES CARE INC (TNDM) reported insider equity activity by EVP & Chief Technology Officer Rick Carpenter. On August 15, 2026, he exercised 2,507 Restricted Stock Units, receiving an equal number of common shares at $0.00 per share. Of these, 1,277 shares of common stock were withheld at $22.72 per share to satisfy tax withholding requirements upon RSU vesting, and the company states that no shares were sold. The RSUs were granted under Tandem’s 2023 Long-Term Incentive Plan and vest over time in quarterly installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,230 shares
Net Buy
6 txns
Insider
Carpenter Rick
Role
EVP & Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2, F3, F4 | 897 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F5, F3, F6 | 1,610 | $0.00 | $0.00 |
| Exercise | Common Stock | 897 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 457 | $22.72 | $10K |
| Exercise | Common Stock | 1,610 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 820 | $22.72 | $19K |
Holdings After Transaction:
Restricted Stock Unit — 13,960 shares (Direct);
Common Stock — 32,148 shares (Direct)
Footnotes (6)
- F1. Shares withheld by the Issuer to satisfy tax withholding requirements upon the vesting of restricted stock units (RSUs). No shares were sold.
- F2. Awarded on May 23, 2024 pursuant to the Tandem Diabetes Care Inc. 2023 Long-Term Incentive Plan, as amended, and agreements related thereto (the 2023 Plan).
- F3. Each RSU represents a contingent right to receive either one share of common stock of the Issuer or cash in lieu thereof, at the Issuer's discretion, in accordance with the terms of the 2023 Plan.
- F4. One-third of the RSUs granted on May 23, 2024 vested on May 15, 2025, with the remaining RSUs vesting in eight (8) equal quarterly installments thereafter, subject to the terms of the 2023 Plan.
- F5. Awarded on May 30, 2025 pursuant to the 2023 Plan.
- F6. One-third of the RSUs granted on May 30, 2025 vested on May 15, 2026, with the remaining RSUs vesting in eight (8) equal quarterly installments thereafter, subject to the terms of the 2023 Plan.
Key Figures
RSUs exercised (total): 2,507 shares
Shares withheld for taxes (total): 1,277 shares
Tax withholding price: $22.72 per share
+3 more
6 metrics
RSUs exercised (total)
2,507 shares
Restricted Stock Units converted into common stock on August 15, 2026
Shares withheld for taxes (total)
1,277 shares
Common shares withheld to satisfy tax withholding on August 15, 2026
Tax withholding price
$22.72 per share
Per-share value used for shares withheld for tax liability
First RSU block exercised
897 shares
RSUs granted May 23, 2024, vesting and settling into common stock
Second RSU block exercised
1,610 shares
RSUs granted May 30, 2025, vesting and settling into common stock
Tax-withholding transaction code
F
Indicates payment of tax liability by delivering or withholding securities
Key Terms
Restricted Stock Unit, Long-Term Incentive Plan, tax withholding requirements, contingent right
4 terms
Restricted Stock Unit financial
"The insider exercised 2,507 <b>Restricted Stock Unit</b>s into common stock"
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.
Long-Term Incentive Plan financial
"Awarded pursuant to the Tandem Diabetes Care Inc. 2023 <b>Long-Term Incentive Plan</b>"
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.
tax withholding requirements financial
"Shares withheld by the Issuer to satisfy <b>tax withholding requirements</b> upon vesting"
contingent right financial
"Each RSU represents a <b>contingent right</b> to receive either one share or cash"
FAQ
What insider transactions did TNDM executive Rick Carpenter report on August 15, 2026?
Rick Carpenter exercised 2,507 RSUs into common stock of Tandem Diabetes Care Inc. On the same date, 1,277 common shares were withheld to cover tax obligations associated with the RSU vesting, and the company notes that no shares were sold.
How many Tandem Diabetes Care (TNDM) RSUs did Rick Carpenter vest and convert to common stock?
Rick Carpenter exercised 2,507 Restricted Stock Units into an equal number of Tandem Diabetes Care common shares. These RSUs came from awards granted in 2024 and 2025 under the company’s 2023 Long-Term Incentive Plan, vesting in scheduled installments.
Under what plan were the reported TNDM RSUs granted to Rick Carpenter?
The RSUs were granted under Tandem Diabetes Care’s 2023 Long-Term Incentive Plan. One-third of each award vested on specified May dates in 2025 and 2026, with the remaining RSUs vesting in eight equal quarterly installments, subject to plan terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
