Form 4: Dexcom Executive Jacob Steven Leach Reports Stock Transactions
SEC Form 4
EVP and COO Jacob Steven Leach reports the sale of shares to cover tax obligations and a gift of shares to a charitable fund.
Summary
- Jacob Steven Leach, EVP and Chief Operating Officer of Dexcom Inc., reported transactions involving Dexcom's common stock.
- On March 12, 2024, Leach sold 14,639 shares at $134.4107 per share to cover tax withholding obligations related to vesting RSUs.
- Also on March 12, 2024, Leach gifted 7,736 shares to a charitable donor advised fund.
- Following these transactions, Leach directly owns 266,177 shares and indirectly owns 47,296 shares through a family trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect a broader trend in the industry but rather individual financial decisions.
Key Dates
| Date | Description |
|---|---|
| 12/30/2010 | Date of Gregg Family Grandchildren's Trust UAD |
| 12/15/2021 | Date of RSU grant that vests through December 15, 2024 (4,384 shares) |
| 03/08/2022 | Date of RSU grant that vests through March 8, 2025 (8,988 shares) |
| 03/08/2023 | Date of RSU grant that vests through March 8, 2026 (16,931 shares) |
| 03/08/2024 | Date of RSU grant that vests through March 8, 2027 (26,053 shares) |
| 03/12/2024 | Date of stock sale and charitable gift |
| 03/14/2024 | Date of signature on the Form 4 |
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