Dexcom (DXCM) CFO granted 48,774 RSUs, 18,950 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dexcom Inc. EVP and CFO Sylvain Jereme reported a compensation-related equity transaction. He received a grant of 48,774 restricted stock units (RSUs) that will vest in three equal annual installments from the March 8, 2026 grant date. On the same date, 18,950 shares of common stock at $68.10 per share were withheld by Dexcom to satisfy tax obligations from RSU settlements, which the company states does not represent a sale by him. Following these transactions, he directly owns 153,292 Dexcom shares, including 92,794 unvested RSUs with various grant dates vesting through March 8, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sylvain Jereme M
Role
EVP, Chief Financal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 48,774 | $0.00 | -- |
| Tax Withholding | Common Stock | 18,950 | $68.10 | $1.29M |
Holdings After Transaction:
Common Stock — 172,242 shares (Direct)
Footnotes (1)
- Represents a grant of restricted stock units (RSUs) that are exempt from Section 16b-3 and are subject to vesting in three equal annual installments from the date of grant. RSUs represent a contingent right to receive one share of DexCom, Inc. Common Stock. Represents the number of shares required to be withheld by the Issuer to cover tax withholding and remittance obligations in connection with the net settlement of RSUs and does not represent a sale by the Reporting Person. Included in this number are 92,794 unvested RSUs, 48,774 of which were granted on March 8, 2026 and shall vest through March 8, 2029, 23,937 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, 8,684 of which were granted on March 8, 2024 and shall vest through March 8, 2027, and 261 additional shares acquired under the Issuer's Amended and Restated 2015 Employee Stock Purchase Plan.
FAQ
What did Dexcom (DXCM) CFO Sylvain Jereme receive in this Form 4 filing?
Dexcom EVP and CFO Sylvain Jereme received a grant of 48,774 restricted stock units. These RSUs vest in three equal annual installments from March 8, 2026, giving him a contingent right to receive one Dexcom common share for each vested RSU.
How are the newly granted Dexcom (DXCM) RSUs scheduled to vest?
The 48,774 RSUs granted on March 8, 2026 vest in three equal annual installments. Each year on the anniversary of the grant date, one-third of the RSUs is scheduled to convert into Dexcom common shares, subject to the applicable vesting conditions.
What other unvested Dexcom (DXCM) RSUs are included in the CFO’s holdings?
The 92,794 unvested RSUs include 48,774 granted March 8, 2026; 23,937 and 11,399 granted March 8, 2025; and 8,684 granted March 8, 2024. These grants are scheduled to vest through dates ranging from March 8, 2027 to March 8, 2029.
Does this Dexcom (DXCM) Form 4 indicate an open-market sale by the CFO?
The Form 4 states the 18,950-share disposition was tax withholding for RSU settlement, not an open-market sale. Shares were withheld by Dexcom to meet tax obligations, so the filing does not show discretionary selling activity by the CFO.