Form 4: Tenable Holdings Co-CEO Stephen Vintz Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Tenable Holdings' Co-CEO and CFO, Stephen Vintz, sold shares of common stock to cover tax withholding obligations related to the vesting of restricted stock units.
Summary
- Stephen Vintz, Co-CEO and CFO of Tenable Holdings, Inc., reported the sale of company 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, 6,284 shares were sold at a price of $38.19 per share.
- On February 27, 2025, 6,681 shares were sold at a price of $38.16 per share.
- Following these transactions, Vintz directly owns 316,523 shares of Tenable Holdings, Inc.
- The sales were not discretionary trades but rather automatic 'sell to cover' transactions to satisfy tax obligations.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the stock sale is related to tax obligations and doesn't necessarily reflect a change in the executive's confidence in the company.
Industry Context
Sales of stock to cover tax obligations upon vesting of restricted stock units are a common practice among company executives and do not necessarily indicate a negative outlook on the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Sale of 6,284 shares of common stock at $38.19 per share. |
| 02/27/2025 | Sale of 6,681 shares of common stock at $38.16 per share. |
| 02/28/2025 | Date of signature by Attorney-in-Fact. |
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