Tenable (TENB) CFO Matthew Brown Receives RSU Shares; 7,400 Withheld

What Happened

• Matthew Charles Brown, Chief Financial Officer of Tenable Holdings (TENB), had 14,544 restricted stock units (RSUs) convert into common stock on 2026-08-21. The gross value of those vested RSUs was about $500,023 (14,544 × $34.38). To satisfy tax withholding, 7,400 shares were withheld by the issuer (treated as a disposition) valued at $254,412, leaving Brown with a net increase of 7,144 shares (14,544 − 7,400).

Key Details

• Transaction date: 2026-08-21; Form 4 filed 2026-08-25 (filed timely — within the two business-day requirement).
• Actions reported: M = exercise/conversion of derivative (RSU conversion into shares); F = shares withheld to satisfy tax obligations.
• Prices and values: per-share reported value $34.38; 7,400 shares withheld = $254,412; gross vested value ≈ $500,022.72; net shares retained = 7,144 (worth ≈ $245,610.72).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 clarifies the 7,400-share disposition was issuer withholding for tax remittance and not an open-market sale. F2 notes each RSU equals a contingent right to one share. F3 describes the RSU grant vesting schedule (16 equal quarterly installments over four years starting 11/21/2025), subject to continued service and certain acceleration events.

Context

• This was a net settlement of RSUs (conversion of contingent awards into shares with withholding to cover taxes), not a market sale. Such tax-withholding dispositions are routine following equity award vesting and do not by themselves indicate a buy/sell sentiment.