Form 4: Tenable Holdings CFO Stephen Vintz Sells Shares to Cover Tax Obligations

Stephen Vintz, CFO of Tenable Holdings, sold 3,236 shares of common stock on February 27, 2024, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On February 27, 2024, Stephen A. Vintz, the Chief Financial Officer of Tenable Holdings, Inc., sold 3,236 shares of the company's common stock.
• The sale was executed at a price of $47.44 per share.
• This transaction was conducted to cover tax withholding obligations associated with the vesting of restricted stock units.
• Following the transaction, Vintz directly owns 257,256 shares of Tenable Holdings, Inc.

Sentiment

Score: 6

Explanation: The document describes a routine transaction (sell to cover taxes) by a company executive, which is neither particularly positive nor negative. It's a neutral event in the context of the company's overall performance.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives.

Stakeholder Impact

• The sale of shares by a company executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant effect given the reason for the sale.

Key Dates