Form 4: Tenable Holdings COO Mark Thurmond Reports Stock Transactions

Chief Operating Officer of Tenable Holdings, Mark Thurmond, reports the acquisition and disposal of common stock and derivative securities, including transactions related to vesting of restricted stock units.

Summary

• Mark Thurmond, the Chief Operating Officer of Tenable Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
• The report includes transactions from August 22, 2024, and August 23, 2024.
• These transactions involve the acquisition of common stock through the vesting of restricted stock units (RSUs) and performance restricted stock units (PRSUs).
• A sale of 2,357 shares of common stock occurred on August 23, 2024, at a price of $41.54 to cover tax withholding obligations.
• The reported transactions changed Thurmond's direct ownership of common stock to 37,462 shares.
• The report also details Thurmond's ownership of performance restricted stock units and restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions. It doesn't inherently indicate positive or negative sentiment, as it reflects routine compensation and tax-related sales.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the sale of shares to cover tax obligations, but the overall impact is likely minimal.

Key Dates