Form 4: Tenable Holdings COO Mark Thurmond Sells Shares to Cover Tax Obligations

Mark Thurmond, COO of Tenable Holdings, sold shares of common stock on August 26th and 27th, 2024, primarily to cover tax withholding obligations related to vesting restricted stock units.

Summary

• Mark Thurmond, the Chief Operating Officer of Tenable Holdings, Inc., reported the sale of company stock on August 26 and August 27, 2024.
• The sales were executed under a Rule 10b5-1 trading plan.
• On August 26, 2024, Thurmond sold 881 shares at $41.39 and 2,502 shares at $41.75.
• On August 27, 2024, Thurmond sold 951 shares at $41.03.
• The sales on August 26th included shares sold to cover tax withholding obligations related to the vesting of restricted stock units.
• Following these transactions, Thurmond directly owns 33,128 shares of Tenable Holdings, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The document reports routine stock sales by an executive, partly to cover tax obligations. This is a common practice and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Sales by company executives are a normal part of corporate activity. It is important to consider the context of these sales, such as whether they are part of a pre-planned trading program or related to specific financial needs, such as covering tax obligations.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders due to the slight increase in the number of shares available in the market.

Key Dates