TACTILE SYSTEMS TECHNOLOGY INC·4

May 8, 5:31 PM ET

Huggenberger Raymond 4

Research Summary

AI-generated summary

Updated

Tactile Systems (TCMD) Director Raymond Huggenberger Receives Award

What Happened
Raymond Huggenberger, a director of Tactile Systems Technology, Inc. (TCMD), was granted 6,521 restricted stock units (RSUs) on May 6, 2026. The award was recorded at $0.00 per share (standard for RSU grants), so no cash was exchanged at grant. This is a compensation award (grant), not a purchase or sale.

Key Details

  • Transaction date: 2026-05-06; Transaction type: Grant/Award (code A)
  • Amount: 6,521 RSUs; Price reported: $0.00; Total value at grant: $0 (award of units)
  • Vesting: RSUs vest in full on the earlier of one year from the grant date or the date of next year’s annual meeting (footnote F1)
  • Shares owned after the transaction: not specified in the provided summary of the filing
  • Filing timeliness: Reported on Form 4 filed 2026-05-08 (appears filed within the standard 2-business-day window)

Context
RSU grants are a form of equity compensation and typically vest over time; they do not represent an immediate cash purchase or sale. Such awards are routine for directors and executives and reflect compensation arrangements rather than open-market buying or selling.