Form 4: Director Margaret Keane Executes RSU Transactions at Tenable
Statement of Changes in Beneficial Ownership
Director Margaret Keane acquired 6,062 shares of Tenable Holdings, Inc. through RSU vesting and was granted 9,718 new RSUs.
Summary
- Director Margaret Keane exercised 6,062 Restricted Stock Units (RSUs) which vested on May 13, 2026.
- The exercise resulted in the acquisition of 6,062 shares of common stock at a price of $0 per share.
- Following the transaction, the director holds a total of 17,043 shares of common stock.
- The director was also granted 9,718 new RSUs on May 13, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director equity compensation with no material impact on company operations or financial outlook.
Positives
- Director maintains a direct ownership stake of 17,043 shares, aligning interests with shareholders.
Negatives
- None identified.
Risks
- Vesting of new RSUs is subject to the director's continuous service with the issuer.
Future Outlook
The newly granted 9,718 RSUs are scheduled to vest on May 13, 2027, or the date of the next annual shareholder meeting, whichever occurs first.
Industry Context
StockSavvy.ai notes that this filing represents standard equity-based compensation for corporate directors in the cybersecurity software sector, reflecting typical retention and incentive structures.
Comparison to Industry Standards
- The use of RSUs for director compensation is consistent with standard practices among mid-to-large cap technology firms.
- The vesting schedule aligns with typical annual equity grant cycles observed in the software industry.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation event.
Next Steps
- Vesting of 9,718 RSUs on May 13, 2027, or the next annual shareholder meeting.
Key Dates
| Date | Description |
|---|---|
| 05/13/2026 | Date of RSU vesting and new RSU grant. |
| 05/15/2026 | Date of filing. |
| 05/13/2027 | Vesting date for the newly granted 9,718 RSUs. |
Keywords
Tenable Holdings, TENB, Form 4, Insider Trading, Restricted Stock Units, Director Compensation
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