Tenable (TENB) Chief Accounting Officer receives 92,879 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Anschutz Barron reported acquisition or exercise transactions in this Form 4 filing.
Tenable Holdings, Inc. reported that Chief Accounting Officer Barron Anschutz received a grant of 92,879 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Tenable common stock.
According to the award terms, 25% of the RSUs vest on February 22, 2027, with the remaining units vesting in equal quarterly installments over three years, contingent on continued service and subject to possible accelerated vesting in specified circumstances. Following this grant, Anschutz directly holds 69,794 shares of common stock and the newly granted RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Anschutz Barron
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 92,879 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 92,879 shares (Direct);
Common Stock — 69,794 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock. 25% of the shares underlying the RSUs vest on February 22, 2027, with the remainder vesting in equal quarterly installments over 3 years, subject to the Reporting Person's continuous service with the Issuer as of the applicable vesting date, and subject to accelerated vesting in specified circumstances.
FAQ
What insider transaction did Tenable (TENB) report for Barron Anschutz?
Tenable reported a grant of 92,879 restricted stock units to Chief Accounting Officer Barron Anschutz. These RSUs provide a contingent right to receive one share of Tenable common stock for each unit, subject to the vesting schedule and continued service conditions.
How do the new RSUs for Tenable (TENB) executive Barron Anschutz vest?
The RSUs vest with 25% on February 22, 2027, and the remaining shares vest in equal quarterly installments over three years. Vesting requires Anschutz’s continuous service with Tenable on each vesting date and may accelerate in specified circumstances described in the award terms.
What does each Tenable (TENB) RSU granted to Barron Anschutz represent?
Each RSU granted to Barron Anschutz represents a contingent right to receive one share of Tenable common stock. Actual share delivery depends on satisfaction of the time-based vesting schedule and continued employment or service conditions outlined in the award documentation.
What are Barron Anschutz’s Tenable (TENB) common stock holdings after this Form 4?
After the reported transactions, Barron Anschutz directly holds 69,794 shares of Tenable common stock. This figure reflects his reported direct ownership position following the RSU grant, separate from the 92,879 restricted stock units that vest over time under the award schedule.
Are there any accelerated vesting conditions for the Tenable (TENB) RSUs granted to Barron Anschutz?
Yes. The filing states the RSUs are subject to accelerated vesting in specified circumstances. While the exact triggers are not detailed in this excerpt, such provisions typically apply upon defined events and modify the standard time-based vesting schedule for the award.