Anschutz Barron 4
Research Summary
AI-generated summary
Tenable (TENB) Chief Accounting Officer Anschutz Barron Receives Award
What Happened
Anschutz Barron, Tenable's Chief Accounting Officer, was granted 92,879 restricted stock units (RSUs) on February 26, 2026. The Form 4 reports the acquisition price as $0.00 (this is a grant/award of RSUs, not an open‑market purchase). RSUs are derivative awards that convert to shares if and when they vest.
Key Details
- Transaction date: 2026-02-26; filed on 2026-02-27 (timely filing).
- Transaction type/code: Award/Grant (A); reported as a derivative acquisition.
- Amount: 92,879 RSUs; reported price $0.00 (total reported cash value $0 on Form 4).
- Vesting (footnote summary): Each RSU equals a contingent right to one share. 25% of the shares vest on Feb 22, 2027, with the remainder vesting in equal quarterly installments over three years thereafter, subject to continued service and certain accelerated-vesting events.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No 10b5-1 plan, sale, or tax-withholding details were disclosed in the provided information.
Context
RSU grants are a common form of executive compensation; they do not involve an immediate cash purchase or sale and only convert to actual shares upon vesting. Treat grants as compensation rather than a direct market signal—future value depends on vesting and Tenable's share price at vesting.