Allen Dick 4
4 · TANDEM DIABETES CARE INC · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Tandem Diabetes (TNDM) Chair Emeritus Allen Dick Receives RSUs, Exercises
What Happened
- Allen Dick, Chair Emeritus of Tandem Diabetes Care, was granted 10,220 restricted stock units (RSUs) on May 20, 2026 and, on May 21, 2026, had 8,759 previously granted RSUs vest and convert into common shares. The conversion entries show $0.00 per share — typical for RSU vesting/conversion — and the newly converted shares were transferred to the Allen Family Trust.
Key Details
- Transactions reported: Grant (A) of 10,220 RSUs on 2026-05-20; Exercise/conversion (M) of 8,759 RSUs on 2026-05-21 (listed as both acquired and disposed on that date). Price: $0.00 per share for all entries (no cash paid/received).
- Vesting schedule: The 10,220 RSUs granted 5/20/2026 vest on the one-year anniversary (per filing). The 8,759 RSUs were originally granted 5/21/2025 and vested/converted on 5/21/2026.
- Securities disposition: Footnote indicates the securities are held by the Allen Family Trust dated October 12, 1981 (transfer target).
- Ownership after transaction: The filing does not disclose a total “owned following reported transaction” balance in the provided summary.
- Timeliness: Filing date is 2026-05-22 for transactions on 5/20 and 5/21 — the Form 4 was filed timely.
- Form notes: RSUs may convert to shares or cash at the issuer’s discretion under the 2023 Long-Term Incentive Plan; Exhibits include a Power of Attorney.
Context
- These entries reflect an equity award grant and the normal vesting/conversion of RSUs (a non‑cash event), not an open‑market buy or cash sale. For retail investors, such grants/vests show executive compensation activity and transfers to a family trust, but they do not by themselves indicate buying pressure or a cash monetization of shares.
Insider Transaction Report
Form 4
Allen Dick
Other
Transactions
- Exercise/Conversion
Common Stock
2026-05-21+8,759→ 28,146 total - Award
Restricted Stock Unit
[F2][F3]2026-05-20+10,220→ 10,220 total→ Common Stock (10,220 underlying) - Exercise/Conversion
Restricted Stock Unit
[F2][F4]2026-05-21−8,759→ 0 total→ Common Stock (8,759 underlying)
Holdings
- 22,757(indirect: See Footnote)
Common Stock
[F1]
Footnotes (4)
- [F1]The securities are held by the Allen Family Trust dated October 12, 1981.
- [F2]Each restricted stock units (RSU) represents a contingent right to receive either one share of the Issuers common stock or cash in lieu thereof, at the Issuers discretion, in accordance with the terms of the Tandem Diabetes Care, Inc. 2023 Long-Term Incentive Plan, as amended, and agreements related thereto (the 2023 Plan).
- [F3]Such RSUs were granted to the Reporting Person on May 20, 2026, and will vest on the one-year anniversary thereof, subject to the terms of the 2023 Plan.
- [F4]On May 21, 2025, the Reporting Person was granted 8,759 RSUs, all of which vested and converted into shares of the Issuers common stock on the one-year anniversary thereof in accordance with the 2023 Plan.
Signature
/s/ Jerilyn Laskie, Attorney-in-Fact for Dick P. Allen|2026-05-22