Novara Mark David 4
4 · TANDEM DIABETES CARE INC · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Tandem Diabetes (TNDM) EVP Mark Novara Sells 2 Shares
What Happened
Novara Mark David, EVP & Chief Commercial Officer of Tandem Diabetes Care (TNDM), sold 2 shares in an open‑market transaction on March 5, 2026 at $22.81 per share, for a total of $46. This was a sale (not a purchase), and the size of the transaction is very small.
Key Details
- Transaction date: March 5, 2026; filing date: March 9, 2026 (Form 4).
- Price and quantity: 2 shares at $22.81 each; total proceeds $46.
- Shares owned after the transaction: Not reported in the provided excerpt.
- Footnote: Sale executed pursuant to a Rule 10b5‑1 trading plan adopted by the reporting person on December 4, 2025.
- Timeliness: Filed March 9, 2026 for a March 5 transaction (within the Form 4 reporting period).
Context
A 10b5‑1 plan allows insiders to sell shares according to a prearranged schedule and is commonly used to avoid questions about timing; it does not necessarily indicate a change in the insider’s view of the company. Because the sale amount is de minimis ($46), it is unlikely to be material to investors.
Insider Transaction Report
Form 4
Novara Mark David
EVP & CHIEF COMMERCIAL OFFICER
Transactions
- Sale
Common Stock
[F1]2026-03-05$22.81/sh−2$46→ 35,969 total
Footnotes (1)
- [F1]The shares were sold, pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 4, 2025.
Signature
/s/ Shannon M. Hansen, Attorney-in-Fact for Mark D. Novara|2026-03-09