Form 4: Dexcom EVP Sadie Stern Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Sadie Stern, EVP and Chief HR Officer of Dexcom Inc., sold 11,176 shares of common stock to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- On March 12, 2025, Sadie Stern, the EVP and Chief HR Officer of Dexcom Inc., sold 11,176 shares of Dexcom's common stock at a price of $70.3801 per share.
- The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units (RSUs).
- Following the transaction, Stern directly owns 115,805 shares of Dexcom, which includes 74,450 unvested restricted stock units.
- These unvested RSUs were granted on various dates and vest through March 8, 2028.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/08/2023 | Grant date for 7,256 RSUs vesting through March 8, 2026 |
| 03/08/2024 | Grant date for 14,474 RSUs vesting through March 8, 2027 |
| 03/08/2025 | Grant date for 22,798 RSUs vesting through March 8, 2027 |
| 03/08/2025 | Grant date for 29,922 RSUs vesting through March 8, 2028 |
| 03/12/2025 | Date of stock sale transaction |
| 03/14/2025 | Date of Form 4 filing |
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