Burns Kristie 4

What Happened Kristie Burns, Senior Vice President of Marketing & Clinical Affairs at Tactile Systems Technology, sold 6,246 shares of TCMD common stock in open‑market transactions on February 24, 2026. The weighted average sale price was $28.94 per share, producing gross proceeds of approximately $180,764. The filing indicates the sales were to cover taxes associated with the settlement of stock units (tax‑withholding).

Key Details

• Transaction date: February 24, 2026 (multiple sales that day).
• Price: weighted average $28.94; individual sale prices ranged from $28.50 to $29.45 per share.
• Shares sold: 6,246; proceeds ≈ $180,764.
• Reason: Sold to cover taxes related to settlement of stock units (see footnote). This is tax‑withholding rather than a discretionary market sale.
• Breakdown: The filer offers to provide the exact number of shares sold at each price upon request (per the footnote).
• Filing timeliness: Form 4 filed February 26, 2026 — filed within the typical two‑business‑day window (timely).
• Shares owned after transaction: Not disclosed in the provided filing details.

Context This transaction is described as tax withholding tied to stock‑unit settlement, a common and routine reason insiders sell shares and not necessarily an indicator of management sentiment. Purchases generally carry more informational weight than routine sales for retail investors.