Brown Matthew Charles 4
Research Summary
AI-generated summary
Tenable (TENB) CFO Matthew Brown Receives 141,898 RSUs
What Happened
- Matthew Charles Brown, Chief Financial Officer of Tenable Holdings, was granted 141,898 restricted stock units (RSUs) on February 26, 2026. The Form 4 reports this as a derivative acquisition (code A) at $0.00 per unit — RSUs are contingent rights to receive common shares if and when they vest. No cash changed hands at grant.
Key Details
- Transaction date: 2026-02-26 (Form 4 filed 2026-02-27); filing appears timely.
- Transaction type/code: Award/Grant (A) — restricted stock units (derivative).
- Units granted: 141,898 RSUs; price reported: $0.00 (grant recorded as contingent award).
- Vesting (per footnotes): 25% vests on Feb 22, 2027; remaining units vest in equal quarterly installments over the next 3 years, subject to continuous service and customary accelerated-vesting provisions.
- Shares owned after transaction: not specified in the supplied summary of the filing.
- Tax/withholding: not detailed in the provided filing summary (may be handled at vesting).
Context
- RSUs are compensation awards, not immediate share purchases or sales; they convert to actual shares only upon vesting and remain subject to service and other conditions. Such grants are common for executive pay and do not by themselves indicate a buy or sell signal; the economic impact will depend on future share price at vesting and any withholding actions.