Form 4: Tandem Diabetes Care EVP Leigh Vosseller Reports Stock Transactions
SEC Form 4 Filing
EVP and CFO of Tandem Diabetes Care, Leigh Vosseller, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- Leigh Vosseller, EVP & CFO of Tandem Diabetes Care Inc., filed a Form 4 on February 29, 2024, reporting changes in beneficial ownership of company stock.
- On February 27, 2024, Vosseller vested 407 shares of common stock from restricted stock units (RSUs) at a price of $0.
- 142 shares were withheld by Tandem Diabetes Care, Inc. to satisfy tax withholding requirements at a price of $27.34.
- Following these transactions, Vosseller directly owns 12,940 shares of common stock and indirectly owns 11,860 shares through the Leigh A. Vosseller Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| January 17, 2010 | Date of the Leigh A. Vosseller Trust |
| May 27, 2020 | Date RSUs were awarded pursuant to the 2013 Stock Incentive Plan |
| May 27, 2021 | Date when twenty-five percent (25%) of the total number of shares subject to the RSU vested |
| February 27, 2024 | Date of stock transactions (RSU vesting and tax withholding) |
| February 29, 2024 | Date of Form 4 filing |
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