SAYER KEVIN R 4
Research Summary
AI-generated summary
DexCom (DXCM) Executive Chair Kevin Sayer Sells 26,756 Shares
What Happened
Kevin R. Sayer, Executive Chair and director of DexCom (DXCM), sold 26,756 shares on July 6, 2026 at $72.00 per share, for proceeds of $1,926,432. This was a sale (disposition) executed in the open market and reported on Form 4 filed July 7, 2026.
Key Details
- Transaction date & type: 2026-07-06 — open market/private sale (Code S).
- Price and value: 26,756 shares × $72.00 = $1,926,432.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote F1: Mr. Sayer adopted a 10b5-1 trading plan on Feb 18, 2026; the shares were sold pursuant to that plan.
- Footnote F2: Filing notes 106,972 unvested restricted stock units included in his holdings — 32,749 granted 3/8/2026 vest through 3/8/2027; 56,993 granted 3/8/2025 vest through 3/8/2028; 17,230 granted 3/8/2024 vest through 3/8/2027.
- Filing timeliness: Form 4 was filed 2026-07-07 reporting the 7/6/2026 transaction — appears timely.
Context
A 10b5-1 plan lets insiders sell according to a pre-set schedule, often to create an orderly, non-discretionary disposition and to avoid trading on material nonpublic information. Sales under such plans are generally considered routine and do not, by themselves, indicate management sentiment about the company's prospects.