Form 4: Tenable Holdings Insider Transactions
Statement of Changes in Beneficial Ownership
Tenable Holdings, Inc. reports insider transactions involving Chief Accounting Officer Barron Anschutz, detailing stock acquisitions and RSU vesting.
Summary
- Barron Anschutz, Chief Accounting Officer at Tenable Holdings, Inc., reported several transactions on May 22, 2026.
- These transactions include the acquisition of 1,337 shares of common stock for $0, and the withholding of 640 shares to cover tax obligations related to Restricted Stock Units (RSUs).
- Additional acquisitions of 1,258 and 1,628 shares of common stock were also made for $0.
- The filing also notes the withholding of 602 and 779 shares for tax obligations from RSUs.
- The reporting person's beneficial ownership of common stock is directly held.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it primarily details routine insider transactions related to compensation and tax obligations rather than significant new investment or divestment.
Positives
- Insider acquisition of shares at $0 cost indicates potential confidence in the company's future value.
- Vesting of Restricted Stock Units (RSUs) suggests continued employee engagement and reward for service.
Negatives
- Withholding of shares to cover tax obligations (640, 602, and 779 shares) represents a reduction in the net shares received by the reporting person.
Risks
- The vesting schedules for RSUs are subject to continuous service with the Issuer, implying a risk of forfeiture if service is not maintained.
- Accelerated vesting is only possible under specified circumstances, limiting flexibility.
Future Outlook
The vesting of RSUs is structured over three years in equal quarterly installments, contingent on continued service, indicating a phased release of equity over time.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard for tracking insider activity in publicly traded companies, providing transparency into executive compensation and potential market signals.
Stakeholder Impact
- Shareholders: Provides insight into insider compensation and potential confidence signals, though these are routine RSU vestings.
- Employees: The vesting of RSUs rewards continued service and aligns employee interests with the company.
- Management: The Chief Accounting Officer is managing their equity compensation and associated tax liabilities.
Next Steps
- Continued vesting of Restricted Stock Units over the next three years, subject to continuous service.
- Potential for accelerated vesting under specified circumstances.
Key Dates
| Date | Description |
|---|---|
| 05/22/2026 | Date of earliest transaction and reporting date for multiple stock acquisitions and RSU-related share withholdings. |
| 02/22/2024 | Initial vesting date for 25% of shares underlying certain RSUs. |
| 02/22/2025 | Initial vesting date for 25% of shares underlying certain other RSUs. |
| 02/22/2026 | Initial vesting date for 25% of shares underlying certain additional RSUs. |
| 05/26/2026 | Date of signature on the filing. |
Keywords
Tenable Holdings, TENB, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Beneficial Ownership, Chief Accounting Officer, Stock Transactions
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