Form 4: Tenable Director A. Brooke Seawell Executes RSU Transaction
Statement of Changes in Beneficial Ownership
Director A. Brooke Seawell acquired 6,062 shares of Tenable Holdings, Inc. through the vesting of restricted stock units.
Summary
- Director A. Brooke Seawell exercised 6,062 restricted stock units (RSUs) on May 13, 2026.
- The RSUs converted into 6,062 shares of common stock at a price of $0 per share.
- Following the transaction, the director holds 15,292 shares directly and 15,000 shares indirectly via a trust.
- The director was also granted 9,718 new RSUs which are scheduled to vest in May 2027.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing regarding routine director equity compensation.
Positives
- Director maintains significant equity alignment with the company through direct and indirect holdings.
- The transaction reflects standard equity compensation vesting rather than a market-based sale.
Negatives
- None identified.
Risks
- Vesting of the new 9,718 RSUs is subject to the director's continuous service with the issuer.
Future Outlook
The director holds 9,718 RSUs that are expected to vest on the earlier of May 13, 2027, or the company's next annual shareholder meeting.
Industry Context
StockSavvy.ai notes that this is a routine disclosure of director equity compensation, which is standard practice for publicly traded technology companies to align board interests with shareholder value.
Comparison to Industry Standards
- The equity compensation structure is consistent with standard corporate governance practices for U.S. technology firms.
- The use of RSUs as a primary vehicle for director compensation is common among peers in the cybersecurity sector.
Related Party Transactions
- The reporting person serves as the Trustee of the Alexander Brooke Seawell Revocable Trust, which holds 15,000 shares.
Stakeholder Impact
- No material impact on shareholders, employees, or customers 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, Equity Compensation, Director Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.