BURKE WILLIAM W 4
Research Summary
AI-generated summary
Tactile Systems (TCMD) Director William W. Burke Receives Award
What Happened
- William W. Burke, a director of Tactile Systems Technology, received a grant of 6,521 restricted stock units (reported as acquisition code "A") on 2026-05-06. The award is recorded at $0.00 per share (total reported value $0), reflecting a compensation grant rather than a cash purchase.
Key Details
- Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (timely filing).
- Grant details: 6,521 restricted stock units (RSUs) @ $0.00; total reported acquisition value $0.
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: The RSUs vest in full on the earlier of one year from the grant date or the date of the next year’s annual meeting of stockholders (per footnote F1).
- Transaction code: A = Award/Grant. No 10b5-1 plan, tax-withholding sale, or late filing indicated.
Context
- RSUs are compensation awards that convert to shares only after vesting; they are not an immediate cash investment or sale. Such grants are common for directors and executives and do not by themselves indicate a buy/sell market signal.