Tenable Holdings, Inc.·4

May 12, 4:36 PM ET

Vintz Stephen A 4

Research Summary

AI-generated summary

Updated

Tenable (TENB) CEO Stephen Vintz Exercises Options; Shares Withheld

What Happened

  • Stephen A. Vintz, CEO of Tenable Holdings (TENB), exercised 105,000 stock options on 2026-05-08, paying an exercise price of $4.15 per share (total exercise cost $435,750). The issuer withheld 60,917 shares to satisfy the exercise price and tax withholding, valued at $21.29 per share (≈ $1,296,923). Net shares issued to Vintz after withholding: 44,083.
  • The filing records the option exercise (transaction code M) and the withholding of shares for taxes/exercise (transaction code F). The withheld shares were not sold on the open market.

Key Details

  • Transaction date: 2026-05-08.
  • Exercise: 105,000 options at $4.15/share — total exercise cost $435,750 (code M).
  • Withholding: 60,917 shares withheld at $21.29/share — value ≈ $1,296,923 (code F); these were withheld to cover exercise price and tax obligations, not an open-market sale.
  • Net shares received: 44,083 (105,000 exercised − 60,917 withheld).
  • Vesting: Footnote indicates 100% of the option shares vested as of June 30, 2020.
  • Filing timeliness: Reported on 2026-05-12 for a 2026-05-08 transaction — filed within the required 2 business days (timely).
  • Shares owned after the transaction are not provided in the supplied filing details.

Context

  • This was a net (cashless-style) exercise: options were exercised and the company withheld shares to cover costs and taxes, so the withholding is administrative rather than an open-market sale.
  • Such filings document insider option exercises and withholding activity; they are factual records and do not by themselves indicate the insider’s view of the company’s stock.