Form 4: Tenable CFO Stephen Vintz Reports Stock Transactions

Chief Financial Officer of Tenable Holdings, Stephen Vintz, reports acquisition and disposal of common stock and derivative securities, including transactions to cover tax obligations.

Summary

• Stephen Vintz, CFO of Tenable Holdings, reported several transactions involving the company's common stock and derivative securities.
• On August 22 and 23, 2024, Vintz acquired shares through the vesting of restricted stock units (RSUs) and performance restricted stock units (PRSUs).
• Vintz also disposed of 3,201 shares on August 23, 2024, at a price of $41.54 per share to cover tax withholding obligations related to the vesting of RSUs.
• Following these transactions, Vintz directly owns 281,906 shares of Tenable Holdings common stock.
• The reported transactions also involved performance restricted stock units (PRSUs) which vested based on the achievement of performance metrics for fiscal years 2022 and 2023.
• The vesting schedules for both RSUs and PRSUs involve 25% vesting initially, followed by equal quarterly installments over three years, contingent upon continuous service.

Sentiment

Score: 5

Explanation: This is a routine filing of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about ownership changes.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• Shareholders are informed about the CFO's stock transactions, providing insight into insider activity.
• The transactions have a minor impact on the overall share float.

Key Dates