Form 4: Tenable Holdings Director Howe Niloofar Razi Reports Stock Transactions

Director Howe Niloofar Razi reports acquisition and disposal of Tenable Holdings, Inc. common stock and restricted stock units.

Summary

• On May 22, 2024, Director Howe Niloofar Razi engaged in transactions involving Tenable Holdings, Inc. (TENB) securities.
• Razi acquired 5,201 shares of common stock through the vesting of restricted stock units (RSUs).
• Concurrently, Razi disposed of 5,201 shares of common stock.
• Following these transactions, Razi directly owns 15,861 shares of common stock.
• Razi also acquired 4,607 restricted stock units that vest on the earlier of May 22, 2025, or the Issuer's next annual shareholder meeting.
• After the transaction, Razi directly owns 4,607 restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports transactions without indicating positive or negative implications for the company's performance.

Positives

• The vesting of RSUs indicates that performance or time-based milestones have been met.

Future Outlook

The reporting person will continue to hold shares and RSUs, with future vesting dates potentially leading to further transactions.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding the director's holdings and alignment with company performance.

Key Dates