Brown Michael Jon 4
4 · DEXCOM INC · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Dexcom (DXCM) EVP Michael Brown Receives 7,123 Shares
What Happened Michael Jon Brown, EVP and Chief Legal Officer of Dexcom (DXCM), received 7,123 shares on January 29, 2026 as the result of performance-based restricted stock units (PSUs) vesting (transaction code A). To satisfy tax withholding on the net settlement, 2,653 shares were withheld by the company at an effective price of $73.36 per share, valued at $194,624 (transaction code F). The withholding is a remittance to cover taxes and is not a market sale by Brown.
Key Details
- Transaction date: January 29, 2026. Filing date: February 2, 2026 (timely).
- Award: 7,123 shares issued at $0.00 (PSU vesting).
- Tax withholding: 2,653 shares withheld at $73.36 = $194,624 remitted for taxes (not a sale).
- Footnotes: F1 confirms shares resulted from PSU vesting (grant date Mar 8, 2023). F2 clarifies the withheld shares were for tax remittance and not a sale. F3 lists 86,490 unvested RSUs still held (various grant dates/vesting schedules) plus 83 ESPP shares included in reported holdings.
- Filing shows no 10b5-1 instruction and no indication of a late filing.
Context This was an equity award payout (PSU vesting) with company withholding to cover tax obligations — a routine administrative transaction rather than an open-market sale or purchase. For retail investors, awards and withholding typically reflect compensation mechanics and do not by themselves signal insider buying or selling intent.
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-29+7,123→ 101,308 total - Tax Payment
Common Stock
[F2][F3]2026-01-29$73.36/sh−2,653$194,624→ 98,655 total
Footnotes (3)
- [F1]Represents shares issued to the Reporting Person upon vesting of performance-based restricted stock units (PSUs) granted to the Reporting Person on March 8, 2023, resulting from achievement of performance conditions under the PSUs.
- [F2]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 PSUs and does not represent a sale by the Reporting Person.
- [F3]Included in this number are 86,490 unvested restricted stock units, 29,922 of which were granted on March 8, 2025 and shall vest through March 8, 2028, 22,798 of which were granted on March 8, 2025 and shall vest through March 8, 2027, 14,474 of which were granted on March 8, 2024 and shall vest through March 8, 2027, 7,256 of which were granted on March 8, 2023 and shall vest through March 8, 2026, 12,040 of which were granted on March 8, 2022 and shall vest through March 8, 2026, and 83 additional shares acquired under the Issuer's Amended and Restated 2015 Employee Stock Purchase Plan.