SCHEDULE: FMR LLC and Abigail P. Johnson Maintain 3.8% Stake in Tenable Holdings Inc.

Sentiment:

Beneficial Ownership Disclosure


FMR LLC and Abigail P. Johnson have filed an Amendment No. 9 to Schedule 13G, disclosing a beneficial ownership of 3.8% in Tenable Holdings Inc. as of June 30, 2025.

Summary

  • FMR LLC and Abigail P. Johnson jointly filed an Amendment No. 9 to Schedule 13G regarding their beneficial ownership in Tenable Holdings Inc.
  • As of June 30, 2025, the reporting persons beneficially own an aggregate of 4,593,087.53 shares of Tenable Holdings Inc. common stock.
  • This aggregate amount represents 3.8% of the total outstanding class of securities.
  • FMR LLC holds sole voting power over 4,589,761.00 shares and sole dispositive power over 4,593,087.53 shares.
  • Abigail P. Johnson, as a Director, Chairman, and Chief Executive Officer of FMR LLC, and a predominant owner of FMR LLC's voting shares, is also deemed to beneficially own these shares.
  • The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Tenable Holdings Inc.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.

Positives

  • NA

Negatives

  • NA

Risks

  • NA

Future Outlook

The document does not provide any forward-looking statements or guidance regarding Tenable Holdings Inc.'s future performance or strategic direction.

Management Comments

  • The securities referred to were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11.

Industry Context

This filing is a routine disclosure of beneficial ownership by an institutional investor and does not provide specific analysis of Tenable Holdings Inc.'s position within the cybersecurity industry or broader industry trends.

Comparison to Industry Standards

  • NA

Management Changes

RolePrevious PersonNew PersonEffective DateReason
Director, Chairman, and Chief Executive Officer of FMR LLCNAAbigail P. JohnsonNAAbigail P. Johnson's role at FMR LLC is noted as part of the beneficial ownership disclosure, not as a change within Tenable Holdings Inc.

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Internal Governance Structure DisclosureMembers of the Johnson family, including Abigail P. Johnson, are the predominant owners of Series B voting common shares of FMR LLC (49% of voting power). They have a shareholders' voting agreement to vote Series B shares in accordance with the majority vote, potentially forming a controlling group with respect to FMR LLC under the Investment Company Act of 1940.NAThis describes the internal governance and control structure of FMR LLC, the reporting entity, rather than changes to Tenable Holdings Inc.'s corporate governance.

Legal Proceedings

  • NA

Related Party Transactions

  • The document describes the relationship between FMR LLC and Abigail P. Johnson, noting that Abigail P. Johnson is a Director, Chairman, and CEO of FMR LLC, and part of the Johnson family who are predominant owners of FMR LLC's voting shares. This is an internal relationship within the reporting entity, FMR LLC, not a related party transaction involving Tenable Holdings Inc.

Stakeholder Impact

  • Shareholders: Provides transparency regarding a significant institutional investor's stake in Tenable Holdings Inc., confirming a passive investment approach (not for control).

Next Steps

  • NA

Key Dates

DateDescription
2023-01-03Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries.
2023-01-26Effective date of Power of Attorney for Abigail P. Johnson.
2025-06-30Date of event which requires filing of this statement (reporting period end date).
2025-07-07Signature date of the Schedule 13G filing.

Keywords

Tenable Holdings Inc, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, common stock, institutional investor, cybersecurity

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