Brown Matthew Charles 4

What Happened
Matthew Charles Brown, Chief Financial Officer of Tenable Holdings, Inc. (TENB), purchased 12,000 shares on May 4, 2026. The Form 4 reports a weighted-average price of $21.54 per share for a total transaction value of approximately $258,480. This was a purchase (Form 4 transaction code "P"), which investors often view as a more informative insider action than routine sales.

Key Details

• Transaction date: 2026-05-04; Form 4 filed: 2026-05-05 (timely filing).
• Price reported (weighted average): $21.54 per share; total ≈ $258,480. Footnote F1 notes multiple purchases at prices ranging $21.54–$21.55.
• Transaction type/code: Open-market purchase (P).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Notable footnote: F1 confirms the reported price is a weighted average across multiple trades and offers to provide breakdowns on request. No 10b5-1 plan, tax withholding, or other special conditions were reported in the supplied data.

Context
Insider purchases can draw attention because they may indicate the insider was willing to invest personal capital in the company, but they do not guarantee future stock performance or reveal the insider’s motivation. This appears to be a routine open-market acquisition by the CFO.