Insider Cluster (3 insiders) ·Filed Feb 23, 2026

TCMD

TACTILE SYSTEMS TECHNOLOGY INC
NEUTRAL
Impact 4/10
Horizondays Processed7mo ago
Insider cluster: 3 insiders, $0.7M total
Actionable Insight • Neutral

Monitor for any follow-up filings or news that could indicate broader executive sentiment shifts; however, this cluster appears consistent with pre-arranged trading plans and routine equity compensation cycles.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
TCMD ▼ -17.48% at T+60d
NEUTRAL call ✗ call lost -17.48% · α vs SPY -25.73% · entry $28.66 → $23.65
Entry anchored
Feb 20, 03:59 PM ET
via exchange tick
T+1d
-0.03%
call -0.03% · α -0.77%
$28.65
settled 7mo ago
T+5d
+2.20%
call +2.20% · α +1.58%
$29.29
settled 7mo ago
T+20d
-7.50%
call -7.50% · α -3.56%
$26.51
settled 7mo ago
T+60d
-17.48%
call -17.48% · α -25.73%
$23.65
settled 5mo ago

Price Chart

Loading chart...

Executive Summary

Multiple executives at Tactile Systems Technology (TCMD) sold shares in the past week, including CEO Sheri Dodd and CFO Elaine Birkemeyer, with total open-market sales amounting to $868K. These sales coincide with routine stock award grants, suggesting planned compensation activity rather than reactive selling. The total value represents just 0.13% of the company's $653M market cap, indicating modest scale.

Key Financial Metrics

Direction
selling
Total Value
$868.1K
Insiders
3

Key Facts

  • CEO Sheri Dodd sold $415,839 worth of shares, CFO Elaine Birkemeyer sold $150,521, and Sr. VP Kristie Burns sold $301,786 in aggregate over three days.
  • All sales were open-market transactions (Form 4 code 'S') executed at prices between $28.28 and $28.94.
  • On February 20, the same insiders received non-cash stock awards totaling $0 value, consistent with regular equity compensation practices.
  • Total open-market sale value: $868,144.90 across 4 transactions.
  • Cluster value represents approximately 0.13% of TCMD's $653M market capitalization.

Financial Impact

$868,145 in net insider selling over 7 days

insider ownershipmarket sentiment

Risk Factors

  • Perception risk: Concentrated selling by top executives could be interpreted negatively by the market despite being planned.
  • Liquidity signal: If sales continue beyond this window, it may suggest reduced confidence in near-term prospects.

Market Snapshot

Exchange
Nasdaq

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (7 trades, 7d window)cluster-TCMD-1772142964266
7 reports for TCMD
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for TCMD — sortable, filterable
TypeNow
Aug 10, 2026
7w ago
Press Release
MIXED ★ 6/10
$24.15 $22.02▼ −8.82%▼ −7.76%$22.10 (−8.49%)
Aug 10, 2026
7w ago
8-K
BULLISH ★ 6/10
$24.15 $22.02▼ −8.82%▼ −7.76%$22.10 (−8.49%)
Jul 13, 2026
11w ago
8-K
BULLISH ★ 5/10
$29.04 $29.14▲ +0.34%▼ −2.84%$22.10 (−23.90%)
Jun 11, 2026
16w ago
Institutional Cluster
MIXED ★ 4/10
$26.35 $30.68▲ +16.43%▲ +14.54%$22.10 (−16.13%)
Apr 20, 2026
23w ago
Press Release
NEUTRAL ★ 3/10
$24.80 $23.65▼ −4.64%▼ −9.55%$22.10 (−10.89%)
Mar 25, 2026
27w ago
DEFA14A
NEUTRAL ★ 3/10
$26.96 $24.45▼ −9.31%▼ −17.17%$22.10 (−18.03%)
Feb 23, 2026
31w ago
Insider Cluster
NEUTRAL ★ 4/10
$28.66 $26.51▼ −7.50%▼ −3.56%$22.10 (−22.89%)
Showing 7 of 7

US Market Status

Market Closed — Opens Mon (65h 26m)

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access
Report published Feb 26, 2026