Form 4: Tactile Systems Technology Inc. Director Shafer David Brent Reports Changes in Beneficial Ownership

Director Shafer David Brent of Tactile Systems Technology Inc. reports acquisition and disposal of common stock and restricted stock units.

Summary

• On May 7, 2025, Director Shafer David Brent acquired 16,078 shares of common stock and disposed of 48,822 shares.
• Following these transactions, Shafer David Brent beneficially owns 48,822 shares of common stock.
• 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.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by a company director, with no inherent 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

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's securities. It's a standard practice across all publicly traded companies.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a company director.

Key Dates

Keywords

beneficial ownership, Form 4, Tactile Systems Technology Inc., TCMD, Shafer David Brent, common stock, restricted stock units, director