Dodd Sheri Louise 4

What Happened Sheri Dodd, CEO of Tactile Systems Technology, Inc. (TCMD), sold 10,993 shares of common stock in an open-market transaction on February 24, 2026. The weighted average sale price was $28.94 per share, for a total proceeds of approximately $318,144. Footnotes in the filing state the shares were sold to cover taxes associated with the settlement of stock units.

Key Details

• Transaction date: February 24, 2026 (reported on Form 4 filed Feb 26, 2026)
• Transaction type/code: Sale (S); weighted average price $28.94; reported sale price range $28.50–$29.45 per share
• Shares sold: 10,993; proceeds ≈ $318,144
• Shares owned after transaction: Not disclosed in the provided filing details
• Notable footnotes: F1 — sale was to cover taxes on settled stock units; F2 — weighted-average price and offer to provide per-price breakdown upon request
• Timeliness: Filed Feb 26, 2026 (within the common 2-business-day reporting window)

Context This was a sale to cover tax obligations from the settlement of stock units, a common administrative transaction for executives. Sales for tax withholding are typically routine and do not necessarily indicate a change in the insider’s view of the company; by contrast, open-market purchases tend to be more directly interpreted as a positive signal. The filing offers to provide a breakdown of the individual sale prices if requested by the SEC, the issuer, or a security holder.