Form 4: Tenable CFO's Stock Activity: RSU Vesting and Tax Sale

Tenable Holdings CFO Matthew Charles Brown reported the vesting of restricted stock units and a subsequent sale of shares to cover tax obligations.

Summary

• Matthew Charles Brown, Chief Financial Officer of Tenable Holdings, Inc. (TENB), reported transactions on February 23, 2026.
• Acquired 14,544 shares of Common Stock upon the vesting of Restricted Stock Units (RSUs) at a price of $0.
• Disposed of 5,269 shares of Common Stock at $17.55 per share to satisfy income tax withholding and remittance obligations related to the RSU settlement.
• Following these transactions, Brown beneficially owns 18,541 shares of Common Stock directly.
• Brown also holds 203,624 Restricted Stock Units.
• The RSUs vest in 16 equal quarterly installments over 4 years, commencing November 21, 2025, subject to continuous service.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine and expected insider transaction related to executive compensation, which typically has a neutral impact on market sentiment.

Positives

• The vesting of 14,544 Restricted Stock Units indicates continued long-term compensation for the CFO, aligning his interests with shareholder value.
• The acquisition of common stock through RSU vesting increases the CFO's direct ownership in the company.

Negatives

• The disposition of 5,269 shares, although for tax purposes, reduces the CFO's direct shareholding in the company.

Future Outlook

The remaining 203,624 Restricted Stock Units will continue to vest in 16 equal quarterly installments over 4 years, starting November 21, 2025, contingent on the CFO's continuous service with the Issuer.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as RSU vesting and subsequent tax-related sales, are common compensation practices in the technology and cybersecurity sectors. These events typically reflect pre-scheduled compensation plans rather than discretionary trading based on new material information.

Stakeholder Impact

• Shareholders: Minor, as this is a routine compensation event. The sale for tax purposes is a common occurrence and not indicative of a lack of confidence.
• Management: The CFO continues to be compensated through equity, aligning interests with long-term company performance.

Next Steps

• Continued vesting of the remaining 203,624 Restricted Stock Units in quarterly installments, subject to continuous service.

Key Dates

Keywords

Tenable Holdings, TENB, Matthew Charles Brown, CFO, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Common Stock