Form 4: Tactile Systems Technology Inc. Director Laura G. King Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Laura G. King reports acquiring 16,078 shares of Tactile Systems Technology Inc. common stock and disposing of an unspecified amount on May 7, 2025.
Summary
- On May 7, 2025, Laura G. King, a director of Tactile Systems Technology Inc. (TCMD), reported a transaction involving the company's common stock.
- King acquired 16,078 shares of common stock.
- King also disposed of an unspecified amount of common stock.
- Following the reported transactions, King beneficially owns 19,048 shares of Tactile Systems Technology Inc.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting insider trading activity. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The restricted stock units 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.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This filing indicates the trading activity of a director in the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company directors as it can provide insights into their perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Date of transaction: acquisition and disposal of common stock. |
| 05/09/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, Tactile Systems Technology Inc, TCMD, Laura G. King, Director, Common Stock, Acquisition, Disposition
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