Tandem Diabetes CSO vests 3,014 RSUs, withholds tax
TANDEM DIABETES CARE INC (TNDM) reported that EVP and Chief Strategy Officer Elizabeth Anne Gasser exercised 3,014 Restricted Stock Units into an equal number of shares of common stock on August 15, 2026.
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Rhea-AI Filing Summary
TANDEM DIABETES CARE INC (TNDM) reported that EVP and Chief Strategy Officer Elizabeth Anne Gasser exercised 3,014 Restricted Stock Units into an equal number of shares of common stock on August 15, 2026. Of these, 1,618 shares of common stock were withheld at $22.72 per share to satisfy tax withholding requirements upon RSU vesting, and the company notes that no shares were sold in the market. Following these transactions, 33,109 shares of common stock are reported as held indirectly through The Gasser Family Trust, where she is a co-trustee.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F3, F4, F5 | 1,097 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F6, F4, F7 | 1,917 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,097 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 589 | $22.72 | $13K |
| Exercise | Common Stock | 1,917 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 1,029 | $22.72 | $23K |
| holding | Common Stock F2 | -- | -- | -- |
Footnotes (7)
- F1. Shares withheld by the Issuer to satisfy tax withholding requirements upon the vesting of restricted stock units (RSUs). No shares were sold.
- F2. The securities are held by The Gasser Family Trust dated September 1, 2011, of which Elizabeth A. Gasser is a co-trustee.
- F3. 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).
- F4. 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.
- F5. 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.
- F6. Awarded on May 30, 2025 pursuant to the 2023 Plan.
- F7. 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
Key Terms
Restricted Stock Unit financial
tax withholding requirements financial
indirect financial
2023 Long-Term Incentive Plan financial
FAQ
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What insider transaction did TNDM report for Elizabeth Anne Gasser on August 15, 2026?
Were the TNDM Form 4 transactions under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.