Form 4: Tactile Systems Technology Inc. Director Acquires and Disposes of Shares

Director Raymond Huggenberger reports acquisition and disposal of Tactile Systems Technology Inc. common stock on May 7, 2025.

Summary

• Raymond Huggenberger, a director of Tactile Systems Technology Inc. (TCMD), reported changes in beneficial ownership of the company's common stock.
• On May 7, 2025, Huggenberger acquired 16,078 shares of common stock at $0.
• On the same day, Huggenberger disposed of 56,320 shares of common stock.
• Following these transactions, Huggenberger beneficially owns 16,078 shares.
• The acquisition involved restricted stock units that will vest in full on the earlier of one year from the grant date or the date of the next year's annual meeting of the stockholders.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and principal stockholders) of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• Shareholders are informed about the transactions of a company director, providing insight into insider activity.
• The filing ensures transparency and compliance with SEC regulations.

Key Dates

Keywords

Form 4, Beneficial Ownership, Tactile Systems Technology Inc., TCMD, Raymond Huggenberger, Director, Common Stock, Restricted Stock Units, Acquisition, Disposition