Tandem Diabetes (TNDM) EVP Novara logs small Rule 10b5-1 stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tandem Diabetes Care executive Mark David Novara, EVP & Chief Commercial Officer, sold 2 shares of the company’s common stock in an open-market transaction. The sale occurred at a price of $22.81 per share. After this small sale, he directly holds 35,969 shares of Tandem Diabetes Care common stock.
The transaction was executed under a pre-arranged Rule 10b5-1 trading plan that Mr. Novara adopted on December 4, 2025, which is designed to allow insiders to sell shares according to a predetermined schedule.
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 2 shares ($46)
Net Sell
1 txn
Insider
Novara Mark David
Role
EVP & CHIEF COMMERCIAL OFFICER
Sold
2 shs ($45.62)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2 | $22.81 | $45.62 |
Holdings After Transaction:
Common Stock — 35,969 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Tandem Diabetes Care (TNDM) report for Mark David Novara?
Tandem Diabetes Care reported that executive Mark David Novara sold 2 shares of common stock. The open-market sale was reported on Form 4 and reflects a very small change in his overall direct holdings in the company.
Was the Tandem Diabetes Care (TNDM) insider sale under a Rule 10b5-1 trading plan?
Yes. The filing states the shares were sold under a Rule 10b5-1 trading plan adopted by Mark David Novara on December 4, 2025. Such plans allow insiders to schedule trades in advance under predetermined conditions.
Who is the insider involved in the latest Tandem Diabetes Care (TNDM) Form 4 filing?
The insider is Mark David Novara, Executive Vice President and Chief Commercial Officer of Tandem Diabetes Care. He reported an open-market sale of 2 shares of common stock at $22.81 per share under a pre-arranged Rule 10b5-1 plan.