TNDM CFO updates insider holdings after RSU vesting, tax withholding
Rhea-AI Filing Summary
Tandem Diabetes Care Inc. (TNDM) reported an insider equity transaction by EVP & Chief Financial Officer Leigh Vosseller on 11/17/2025. The filing shows the exercise of restricted stock units (RSUs), converting 1,503 and 1,496 RSUs into common shares at an exercise price of $0.
To cover tax withholding on these vestings, the company withheld 538 and 536 shares at a price of $18.61 per share, with no open-market sales taking place. After these transactions, Vosseller directly owned 37,648 shares of common stock and an additional 25,580 shares indirectly through the Leigh A. Vosseller Trust.
The Form 4 also notes remaining RSU awards under the company’s 2023 Long-Term Incentive Plan, which continue to vest over time based on previously established schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,503 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 1,496 | $0.00 | -- |
| Exercise | Common Stock | 1,503 | $0.00 | -- |
| Tax Withholding | Common Stock | 538 | $18.61 | $10K |
| Exercise | Common Stock | 1,496 | $0.00 | -- |
| Tax Withholding | Common Stock | 536 | $18.61 | $10K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Shares withheld by Tandem Diabetes Care Inc. (the Company) to satisfy tax withholding requirements on vesting of restricted stock units (RSU). No shares were sold. The securities are held by the Leigh A. Vosseller Trust dated January 17, 2010, of which Leigh Vosseller is the Trustee. Awarded on May 25, 2023 pursuant to the Tandem Diabetes Care Inc. 2023 Long-Term Incentive Plan, as amended, and agreements related thereto (the 2023 Plan). 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. RSU vest as to thirty-three percent (33%) of the total number of shares subject to the RSU on 5/15/2024, and the remaining shares shall vest in eight (8) equal quarterly installments thereafter. Awarded on May 23, 2024 pursuant to the 2023 Plan. RSU vest as to thirty-three percent (33%) of the total number of shares subject to the RSU on 5/15/2025, and the remaining shares shall vest in eight (8) equal quarterly installments thereafter.
FAQ
What insider transaction did Tandem Diabetes Care (TNDM) report on this Form 4?
The Form 4 reports that EVP & CFO Leigh Vosseller exercised restricted stock units (RSUs) on 11/17/2025, converting 1,503 and 1,496 RSUs into common shares at an exercise price of $0.
What is the relationship of the reporting person to Tandem Diabetes Care (TNDM)?
The reporting person, Leigh Vosseller, is an officer of Tandem Diabetes Care Inc., serving as EVP & Chief Financial Officer.
What do the RSU awards reported in this Form 4 represent?
Each RSU represents a contingent right to receive either one share of common stock or cash in lieu of a share, at the company’s discretion, under the 2023 Long-Term Incentive Plan.
How do the vesting schedules work for the reported Tandem Diabetes Care RSUs?
For the RSUs described, 33% of the total shares vest on a specified May 15 date, and the remaining shares vest in eight equal quarterly installments thereafter, according to the plan terms.