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

Sentiment:

SEC Filing Form 4


Director George Alex Tosheff of Tenable Holdings, Inc. reports the vesting and disposal of restricted stock units and acquisition of additional units.

Summary

  • George Alex Tosheff, a director of Tenable Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On May 22, 2024, 5,201 restricted stock units (RSUs) vested and were converted into common stock, which were then disposed of.
  • Also on May 22, 2024, Tosheff acquired 4,607 new RSUs.
  • Following these transactions, Tosheff directly owns 4,607 RSUs.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by a company director, with no inherently positive or negative implications.

Future Outlook

100% of the shares underlying the newly acquired RSUs vest on the earlier of May 22, 2025 or the Issuer's next annual shareholder meeting, subject to continuous service.

Industry Context

Form 4 filings are standard disclosures required by the SEC for company insiders, providing transparency into their transactions in the company's stock.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in the director's holdings.

Key Dates

DateDescription
05/22/2024Vesting and disposal of 5,201 RSUs and acquisition of 4,607 RSUs.
05/22/2025Date when 100% of the shares underlying the newly acquired RSUs vest, or the date of the Issuer's next annual shareholder meeting, whichever is earlier.
05/23/2024Date of signature of the report.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.