Form 4: Tenable Holdings Co-CEO Sells Shares to Cover Tax Obligations

Mark C. Thurmond, Co-CEO and Chief Operating Officer of Tenable Holdings, Inc., sold shares of common stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

• Mark C. Thurmond, Co-CEO and Chief Operating Officer of Tenable Holdings, Inc. (TENB), reported the sale of common stock on February 26 and 27, 2025.
• The sales were executed to cover tax withholding obligations associated with the vesting of restricted stock units.
• On February 26, 2025, 4,878 shares were sold at a price of $38.19 per share.
• On February 27, 2025, 5,984 shares were sold at a price of $38.16 per share.
• Following these transactions, Thurmond directly owns 63,433 shares of Tenable Holdings, Inc.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction (stock sale for tax obligations). It's neutral in sentiment as it doesn't indicate positive or negative performance for the company.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among company executives and are generally not indicative of the executive's long-term outlook on the company.

Stakeholder Impact

• The stock sales may have a minor dilutive effect on existing shareholders, but the impact is likely minimal given the relatively small number of shares involved.

Key Dates