Form 4: Tenable Holdings Co-CEO Mark Thurmond Reports Stock Transactions
SEC Form 4 Filing
Mark Thurmond, Co-CEO and Chief Operating Officer of Tenable Holdings, reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- On February 18, 2025, Mark Thurmond, Co-CEO and Chief Operating Officer of Tenable Holdings, Inc., reported transactions involving Tenable's common stock.
- Thurmond acquired 4,561 shares of common stock through the vesting of restricted stock units (RSUs).
- Simultaneously, Thurmond sold 1,341 shares at a price of $39.56 to cover tax withholding obligations related to the RSU vesting.
- Following these transactions, Thurmond directly owns 41,266 shares of Tenable Holdings, Inc.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based compensation and tax obligation management.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/17/2022 | 25% of the shares underlying the RSUs vested |
| 02/18/2025 | Date of RSU vesting and acquisition of 4,561 shares. |
| 02/19/2025 | Date of sale of 1,341 shares at $39.56. |
| 02/20/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Tenable Holdings, Mark Thurmond, Stock Transaction, Restricted Stock Units, TENB, Co-CEO, COO
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