Brown Michael Jon 4

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.