Tandem (TNDM) CFO Leigh Vosseller reports both purchase and sale of shares
Rhea-AI Filing Summary
Insider Form 4 for Tandem Diabetes Care (TNDM)
Leigh Vosseller, EVP & Chief Financial Officer, reported a purchase of 13,720 shares of Tandem common stock on 08/08/2025 at a weighted average price of $10.8895. The filing states the trades were executed in multiple trades at prices ranging from $10.86 to $10.90. The report also shows a reported disposition of 33,798 shares (table entry lists the amount as a disposition without a transaction date or price). The filing notes that certain securities are held by the Leigh A. Vosseller Trust dated January 17, 2010, for which Ms. Vosseller is trustee, and lists 25,580 shares as beneficially owned following the reported transaction(s).
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Insights
TL;DR: CFO reported a small open-market purchase of 13,720 shares but the filing also shows a significant 33,798-share disposition.
The purchase at a weighted average of $10.8895 executed in multiple trades indicates an affirmative acquisition on 08/08/2025, which investors often view as a positive signal when held by a senior officer. However, the separate table entry showing a 33,798-share disposition is material in size and lacks date/price detail in the table, complicating interpretation of net insider intent. Holdings are also partially held through a family trust, which affects direct/indirect ownership reporting.
TL;DR: Disclosure is compliant but mixed activity and missing disposition details reduce clarity for stakeholders.
The Form 4 discloses both acquisition and disposition activity by the reporting person and includes the required explanation of purchase pricing ranges. The filing properly identifies indirect holdings via the Leigh A. Vosseller Trust. The lack of explicit date and price for the 33,798-share disposition line in the table reduces transparency and may prompt requests for further detail from regulators or investors seeking to reconcile net changes in beneficial ownership.