Form 4: Tandem Diabetes Care Director Dick Allen Reports Gift of Shares and Trust Holdings
SEC Form 4 Filing
Director Dick Allen reported a gift of Tandem Diabetes Care shares and holdings in family trusts.
Summary
- On August 7, 2024, Dick Allen, a director of Tandem Diabetes Care Inc., reported a transaction involving the company's common stock.
- Allen gifted 6,639 shares of common stock.
- Following the transaction, Allen directly owns 15,000 shares.
- Allen also indirectly owns 22,757 shares through the Allen Family Trust dated October 12, 1981.
- Additionally, Allen indirectly owns 1,000 shares through the Gammon Children's 2000 Trust FBO Jake Allen Gammon, for which he serves as co-trustee.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a gift of shares and trust holdings, indicating neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and provides transparency to investors regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| October 12, 1981 | Date of the Allen Family Trust |
| August 7, 2024 | Date of the stock gift transaction |
| August 9, 2024 | Date of signature for the Form 4 filing |
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