Form 4: Arthur W. Coviello Jr. Reports Tenable Holdings Stock Transactions
SEC Form 4 Filing
Director Arthur W. Coviello Jr. reports acquisition and disposal of Tenable Holdings, Inc. common stock and restricted stock units.
Summary
- Arthur W. Coviello Jr., a director of Tenable Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 14, 2025, Coviello disposed of 4,607 shares of common stock.
- On May 14, 2025, Coviello acquired 4,607 restricted stock units that vested.
- Coviello also acquired 6,062 restricted stock units, which will vest on the earlier of May 14, 2026, or the next annual shareholder meeting.
- Following these transactions, Coviello directly owns 39,731 shares of common stock and 6,062 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides information for investors to interpret.
Future Outlook
The vesting of the 6,062 restricted stock units is contingent upon continued service with the Issuer and could be accelerated in specified circumstances.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- Shareholders can use this information to understand insider trading activity and assess management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Disposal of 4,607 shares of common stock. |
| 05/14/2025 | Acquisition of 4,607 restricted stock units that vested. |
| 05/14/2025 | Acquisition of 6,062 restricted stock units vesting on the earlier of May 14, 2026, or the next annual shareholder meeting. |
| 05/15/2025 | Date of signature for the Form 4 filing. |
| 05/14/2026 | Date of potential vesting for 6,062 restricted stock units. |
Keywords
Form 4, Tenable Holdings, Coviello, Stock, Restricted Stock Units, Director, Beneficial Ownership
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