Tenable Holdings director A. Brooke Seawell sold approximately $1.49 million worth of the company’s common stock on November 2, according to a recent filing. The sales were carried out in two transactions involving 15,000 shares each.
In the first transaction, shares were sold for between $50.26 and $50.47 apiece. The second sale was made at prices ranging from $48.43 to $49.11 per share. The 15,000 shares in the second transaction were held through the Alexander Brooke Seawell Revocable Trust, for which Seawell is trustee.
On the same day, Seawell exercised stock options to acquire 115,000 Tenable shares at $9.66 each, a total value of about $1.11 million. The options had been fully vested since October 26, 2021. Following the transactions, he directly held 115,292 shares.
Tenable recently reported third-quarter 2026 results that exceeded FactSet consensus estimates for revenue, operating income and free cash flow, and raised its full-year guidance for revenue, operating income and earnings per share. Several analysts subsequently increased their price targets for the company.
Sources: Investing.com News.