Form 4: Tenable Holdings Director George Alex Tosheff Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director George Alex Tosheff of Tenable Holdings, Inc. reports the vesting and disposal of restricted stock units on September 30, 2024.

Summary

  • On September 30, 2024, George Alex Tosheff, a director of Tenable Holdings, Inc., reported transactions involving the company's common stock and restricted stock units (RSUs).
  • Tosheff disposed of 3,287 shares of common stock.
  • These shares were acquired through the vesting of 3,287 restricted stock units.
  • Following these transactions, Tosheff directly owns 17,387 shares of common stock and 3,288 restricted stock units.
  • The RSUs vest in three equal installments annually on September 28, 2023, September 28, 2024, and September 28, 2025, contingent upon continued service as a director.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by a company director, and doesn't inherently indicate positive or negative sentiment. It reflects standard compensation practices.

Future Outlook

The remaining RSUs will continue to vest in tranches until September 28, 2025, subject to continued service.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they represent a small percentage of the total outstanding shares.

Key Dates

DateDescription
09/28/2023One third of the RSUs vested.
09/30/2024Date of stock and RSU transactions reported.
09/28/2024One third of the RSUs shall vest.
09/28/2025One third of the RSUs shall vest.
10/02/2024Date of Form 4 filing.

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