Form 4: Tactile Systems Technology Inc. CEO Sells Shares to Cover Taxes
SEC Form 4 Filing
Sheri Louise Dodd, CEO of Tactile Systems Technology Inc., sold 3,149 shares of common stock on May 8, 2025, to cover taxes associated with the settlement of restricted stock units.
Summary
- On May 8, 2025, Sheri Louise Dodd, the CEO of Tactile Systems Technology Inc. (TCMD), sold 3,149 shares of the company's common stock.
- The shares were sold at a price of $9.83 per share.
- The transaction was executed to cover taxes associated with the settlement of restricted stock units.
- Following the transaction, Dodd directly owns 181,241 shares of Tactile Systems Technology Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock sale for tax purposes, which is neutral in sentiment.
Industry Context
Executive stock sales are a common occurrence, often related to compensation and tax obligations. Monitoring these transactions can provide insights into executive sentiment and company performance.
Stakeholder Impact
- The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of transaction: CEO Sheri Louise Dodd sold shares. |
| 05/12/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, SEC Filing, Tactile Systems Technology Inc, TCMD, Sheri Louise Dodd, Stock Sale, Executive Compensation, Restricted Stock Units, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.