Birkemeyer Elaine M. 4

What Happened
Elaine M. Birkemeyer, CFO of Tactile Systems Technology, Inc. (TCMD), sold 4,631 shares of company stock in open-market transactions on May 11, 2026. The weighted average sale price was $24.49 per share, for total proceeds of approximately $113,404. According to the filing, the shares were sold to cover taxes associated with the settlement of stock units.

Key Details

• Transaction date: May 11, 2026 (filed on May 13, 2026).
• Shares sold: 4,631; weighted average price $24.49; reported price range $23.89–$25.42.
• Proceeds: ~$113,404.
• Shares owned after transaction: not disclosed in this Form 4 filing.
• Footnotes: F1 — sale to cover taxes from settlement of stock units; F2 — weighted average and price range provided, and the reporting person will supply a price-by-price breakdown on request.
• Transaction type/code: Open-market sale (S).
• Filing timeliness: Reported on May 13 for a May 11 transaction (filed within the usual 2-business-day window).

Context: This was a tax-related sale to cover withholding obligations tied to stock unit settlement — a routine administrative transaction that does not necessarily signal a change in the insider’s view of the company. For retail investors, outright purchases or large, unexplained sales tend to carry more informational weight than routine tax-withholding sales.