Form 4: Tactile Systems Technology Inc. Director Reports Stock Transactions

Director William W. Burke reports acquisition and disposal of Tactile Systems Technology Inc. stock.

Summary

• On May 7, 2025, Director William W. Burke acquired 16,078 shares of Tactile Systems Technology Inc. common stock at $0.
• Following this transaction, Burke directly owned 51,820 shares.
• On May 8, 2025, Burke sold 3,300 shares at $9.67 per share to cover taxes associated with the settlement of stock units.
• After the sale, Burke directly owned 48,520 shares.
• 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.
• The referenced 10b5-1(c) plan adoption date is May 28, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in the public markets.

Stakeholder Impact

• Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value.

Key Dates

Keywords

Form 4, Stock Transactions, Beneficial Ownership, TCMD, Tactile Systems Technology Inc., Director, William W. Burke