Form 4: Tenable Director Gifts Shares to Custodial Account

Tenable Holdings Director Raymond Vicks Jr. gifted 1,500 shares of common stock to a custodial account for his granddaughter, maintaining indirect beneficial ownership.

Summary

• Raymond Vicks Jr., a Director of Tenable Holdings, Inc. (TENB), reported a transaction on September 5, 2025.
• He gifted 1,500 shares of Tenable common stock to a custodial account established under the Uniform Transfer to Minors Act (UTMA) for his granddaughter.
• Mr. Vicks Jr. serves as the custodian for this UTMA account.
• Following the transaction, Mr. Vicks Jr. directly beneficially owns 11,766 shares of common stock.
• He indirectly beneficially owns 4,500 shares through the aforementioned custodial account.

Sentiment

Score: 5

Explanation: A Form 4 reporting a gift of shares by a director is a routine disclosure and does not typically indicate significant positive or negative sentiment regarding the company's operational or financial performance. It's a personal financial planning event.

Positives

• The transaction demonstrates continued personal investment and long-term interest in Tenable Holdings by a director, even if through a gift to a family member.
• The director retains control over the gifted shares as custodian, indicating continued oversight.

Negatives

• No direct negative impact on Tenable Holdings, Inc. from this personal financial planning transaction.

Risks

• No specific company-level risks are disclosed or implied by this routine insider transaction report.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive analysis.

Related Party Transactions

• Raymond Vicks Jr. gifted shares to a custodial account for his granddaughter, for which he serves as the custodian.

Stakeholder Impact

• Minimal impact on shareholders, as the transaction is a personal gift and does not materially affect the company's operations or overall share structure.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction (a gift of shares) by a director. It provides no information regarding the company's financial performance, strategic direction, or operational health that would warrant a change in investment recommendation. Therefore, an investor would typically maintain their current position based solely on this filing.

Keywords

Tenable Holdings, TENB, Raymond Vicks Jr., Insider Transaction, Stock Gift, Director, Common Stock, Custodial Account, UTMA