Dexcom (DXCM) legal chief sells 1,700 shares in 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dexcom Inc. executive Michael Jon Brown, EVP and Chief Legal Officer, reported an open-market sale of 1,700 shares of common stock at $64.85 per share. The transaction occurred on March 16, 2026 and was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 26, 2025.
After this sale, Brown directly holds 112,904 Dexcom shares. This figure includes 77,603 unvested restricted stock units that are scheduled to vest in tranches through March 8, 2029, reflecting a substantial continuing equity stake aligned with the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,700 shares ($110,245)
Net Sell
1 txn
Insider
Brown Michael Jon
Role
EVP, Chief Legal Officer
Sold
1,700 shs ($110K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,700 | $64.85 | $110K |
Holdings After Transaction:
Common Stock — 112,904 shares (Direct)
Footnotes (1)
- On November 26, 2025, Mr. Brown adopted a 10b5-1 Plan. This 10b5-1 Plan allows the orderly disposition of shares owned by Mr. Brown. The shares set forth above were sold pursuant to the 10b5-1 Plan. Included in this number are 77,603 unvested restricted stock units, 39,019 of which were granted on March 8, 2026 and shall vest through March 8, 2029, 19,948 of which were granted on March 8, 2025 and shall vest through March 8, 2028, 11,399 of which were granted on March 8, 2025 and shall vest through March 8, 2027, and 7,237 of which were granted on March 8, 2024 and shall vest through March 8, 2027.
FAQ
What insider transaction did Dexcom (DXCM) report for Michael Jon Brown?
Dexcom reported that EVP and Chief Legal Officer Michael Jon Brown sold 1,700 shares of common stock at $64.85 per share on March 16, 2026. The transaction was an open-market sale executed under a pre-arranged Rule 10b5-1 trading plan.
Was the Dexcom (DXCM) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states Brown adopted a Rule 10b5-1 trading plan on November 26, 2025, allowing orderly share dispositions. The 1,700 shares sold on March 16, 2026 were executed pursuant to this pre-arranged plan rather than a discretionary same-day decision.
What unvested Dexcom (DXCM) restricted stock units does Brown retain?
Brown’s post-transaction holdings include 77,603 unvested restricted stock units. These consist of awards granted on March 8, 2024, March 8, 2025, and March 8, 2026, with vesting schedules extending through March 8, 2029, supporting long-term incentive alignment with Dexcom’s performance.
What role does Michael Jon Brown hold at Dexcom (DXCM)?
Michael Jon Brown serves as Executive Vice President and Chief Legal Officer at Dexcom. His Form 4 filing reflects personal equity activity in Dexcom common stock, providing transparency into transactions by a senior legal and executive officer of the company.