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[8-K] Tenable Holdings, Inc. Reports Material Event

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Tenable Holdings named Matthew Brown as its Chief Financial Officer and principal financial officer, succeeding Stephen Vintz who moved to Co-Chief Executive Officer. Mr. Brown joins with prior CFO roles at Altair Engineering and interim CFO experience at NortonLifeLock, is a CPA and UC Berkeley graduate. His employment is at-will with an annual base salary of $455,000, quarterly bonuses targeted at 75% of base salary, a new-hire restricted stock unit award valued at $7,000,000, and a proposed target annual equity award of $4,800,000 beginning in February 2027, subject to Committee approval. The agreement includes customary severance if terminated without cause or for good reason (12 months base salary, COBRA employer premiums and prorated/target bonus provisions), enhanced change-in-control protections including lump-sum severance and full acceleration of unvested equity, and standard indemnification and IP/confidentiality covenants.

Tenable Holdings ha nominato Matthew Brown Chief Financial Officer e dirigente finanziario principale, in sostituzione di Stephen Vintz che 猫 passato a Co-Chief Executive Officer. Brown arriva con precedenti esperienze come CFO di Altair Engineering e come CFO ad interim di NortonLifeLock; 猫 CPA e laureato all'UC Berkeley. L'impiego 猫 a volont脿 (at-will) con uno stipendio base annuo di $455.000, bonus trimestrali con obiettivo pari al 75% dello stipendio base, un premio in Restricted Stock Unit per nuovi assunti del valore di $7.000.000 e una proposta di premio azionario annuo target di $4.800.000 a partire da febbraio 2027, soggetta all'approvazione del Comitato. L'accordo prevede le consuete indennit脿 in caso di licenziamento senza giusta causa o per buon motivo (12 mesi di stipendio base, copertura COBRA a carico del datore di lavoro e disposizioni sul bonus pro rata/target), tutele rafforzate in caso di modifica del controllo con indennit脿 in unica soluzione e accelerazione completa delle azioni non vestite, oltre a normali clausole di indennizzo e obblighi su propriet脿 intellettuale e riservatezza.

Tenable Holdings nombr贸 a Matthew Brown como su Director Financiero y funcionario financiero principal, en reemplazo de Stephen Vintz, quien pas贸 a ser Co-Director Ejecutivo. Brown se incorpora con antecedentes como CFO de Altair Engineering y experiencia como CFO interino en NortonLifeLock; es CPA y graduado de la UC Berkeley. Su empleo es a voluntad (at-will) con un salario base anual de $455,000, bonos trimestrales con objetivo del 75% del salario base, una concesi贸n de unidades restringidas de acciones para nuevo ingreso valorada en $7,000,000, y una propuesta de premio accionario anual objetivo de $4,800,000 a partir de febrero de 2027, sujeta a la aprobaci贸n del Comit茅. El acuerdo incluye la indemnizaci贸n habitual si se le termina el contrato sin causa o por buena causa (12 meses de salario base, primas COBRA a cargo del empleador y disposiciones de bonos prorrateados/objetivo), protecciones reforzadas en caso de cambio de control con indemnizaci贸n en suma global y aceleraci贸n total de la titularidad no adquirida de acciones, adem谩s de las habituales cl谩usulas de indemnizaci贸n y obligaciones sobre propiedad intelectual/confidencialidad.

Tenable Holdings電� Matthew Brown鞚� 斓滉碃鞛毂呾瀯鞛�(CFO) 瓴� 欤检殧 鞛毂呾瀯鞛愲 鞛勲獏頄堨溂氅�, 鞚挫爠鞚� CFO鞓�雿� Stephen Vintz電� 瓿惦彊 CEO搿� 鞚措彊頄堨姷雼堧嫟. Brown鞚� Altair Engineering鞚� CFO 瓴诫牓瓿� NortonLifeLock鞚� 鞛勳嫓 CFO 瓴巾棙鞚� 氤挫湢頃橁碃 鞛堨溂氅�, 瓿奠澑須岅硠靷�(CPA)鞚挫瀽 UC 氩勴伌毽� 臁胳梾靸濎瀰雼堧嫟. 瓿犾毄 順曧儨電� 鞎犿姼鞙�(at-will)鞚措┌ 鞐瓣皠 旮半掣旮夓潃 $455,000鞚搓碃, 攵勱赴氤� 氤措剤鞀る姅 旮半掣旮夓潣 75%毳� 氇╉憸搿� 頃╇媹雼�. 鞁犾瀰鞛愳毄 鞝滍暅欤检嫕 雼渼(RSU) 氤挫儊鞚� $7,000,000 臧�旃橃澊氅�, 2027雲� 2鞗旊秬韯� 鞝侅毄霅橂姅 鞐瓣皠 氇╉憸 欤检嫕 氤挫儊鞚� 鞙勳洂須� 鞀轨澑 臁瓣贝鞙茧 $4,800,000鞙茧 鞝滌晥霅橃柎 鞛堨姷雼堧嫟. 瓿勳暯鞐愲姅 鞝曤嫻頃� 靷湢 鞐嗢澊 頃搓碃霅橁卑雮� 鞝曤嫻頃� 鞚挫湢搿� 韲挫偓頃� 瓴届毎 韱奠儊鞝侅澑 韲挫 鞙勲(旮半掣旮� 12臧滌洈, 瓿犾毄欤� 攵�雼� COBRA 氤错棙耄� 氚� 氤措剤鞀れ潣 牍勲/氇╉憸 歆�旮� 攴滌爼)臧� 韽暔霅橂┌, 瓴届榿甓� 氤�瓴� 鞁� 鞚检嫓旮� 韲挫旮� 氚� 氙疙檿鞝� 欤检嫕鞚� 鞝勲┐ 臧�靻嶍檾 霌� 臧曧檾霅� 氤错樃 臁办箻鞕� 響滌鞝侅澑 氅挫眳 臁绊暛 氚� 歆�鞝侅灛靷瓣秾/牍勲皜鞙犾 鞎届爼鞚� 韽暔霅╇媹雼�.

Tenable Holdings a nomm茅 Matthew Brown directeur financier (CFO) et responsable financier principal, en remplacement de Stephen Vintz qui est devenu co-directeur g茅n茅ral. M. Brown apporte des exp茅riences ant茅rieures en tant que CFO chez Altair Engineering et en tant que CFO par int茅rim chez NortonLifeLock ; il est CPA et dipl么m茅 de l'UC Berkeley. Son emploi est 芦 at-will 禄 avec un salaire de base annuel de 455 000 $, des primes trimestrielles cibl茅es 脿 75 % du salaire de base, une attribution de Restricted Stock Units pour nouvelle embauche d'une valeur de 7 000 000 $, et une proposition d'attribution annuelle d'actions cible de 4 800 000 $ 脿 compter de f茅vrier 2027, sous r茅serve de l'approbation du Comit茅. L'accord comprend les indemnit茅s usuelles en cas de licenciement sans motif ou pour un motif valable (12 mois de salaire de base, prises en charge des primes COBRA par l'employeur et dispositions de prime proratis茅e/objectif), des protections renforc茅es en cas de changement de contr么le incluant une indemnit茅 forfaitaire et l'acc茅l茅ration totale des actions non acquises, ainsi que des clauses standard d'indemnisation et des engagements relatifs 脿 la propri茅t茅 intellectuelle et 脿 la confidentialit茅.

Tenable Holdings hat Matthew Brown zum Chief Financial Officer und verantwortlichen Finanzvorstand ernannt; er folgt auf Stephen Vintz, der zum Co-Chief Executive Officer gewechselt ist. Brown bringt fr眉here CFO-Positionen bei Altair Engineering sowie interimistische CFO-Erfahrung bei NortonLifeLock mit, ist CPA und Absolvent der UC Berkeley. Das Besch盲ftigungsverh盲ltnis ist at-will mit einem j盲hrlichen Grundgehalt von $455.000, viertelj盲hrlichen Boni mit einem Ziel von 75% des Grundgehalts, einer Restricted Stock Unit-Zuweisung f眉r Neueinstellungen im Wert von $7.000.000 und einem vorgeschlagenen j盲hrlichen Zielaktienzuschuss von $4.800.000 ab Februar 2027, vorbehaltlich der Zustimmung des Ausschusses. Die Vereinbarung sieht 眉bliche Abfindungsleistungen bei k眉ndigungsbedingtem Wegfall ohne Grund oder aus gutem Grund vor (12 Monate Grundgehalt, vom Arbeitgeber 眉bernommene COBRA-Pr盲mien und anteilige/zielfokussierte Bonusregelungen), verst盲rkte Schutzmechanismen bei Kontrollwechsel einschlie脽lich Einmalabfindung und vollst盲ndiger Beschleunigung unverfallter Aktien sowie standardm盲脽ige Entsch盲digungs- und IP/Vertraulichkeitsklauseln vor.

Positive
  • Experienced finance leader appointed: Mr. Brown brings prior CFO experience at Altair and interim CFO experience at NortonLifeLock, plus CPA credentials.
  • Significant equity alignment: New-hire RSU valued at $7,000,000 and target annual equity award plan of $4,800,000 promote long-term retention.
  • Performance-based cash incentives: Quarterly bonuses with an annual target equal to 75% of base salary tie pay to performance.
  • Customary severance protections: 12 months salary and COBRA employer premiums for qualifying terminations reduce transition risk.
Negative
  • Material equity grant size: The $7.0M RSU and future $4.8M equity award may be dilutive to shareholders depending on grant structure and vesting.
  • Generous change-in-control terms: Full acceleration of unvested equity on CIC could accelerate dilution and increase transaction costs in an acquisition scenario.

Insights

TL;DR: Tenable appointed an experienced SaaS CFO with a competitive compensation package emphasizing equity retention and customary severance protections.

The appointment replaces a prior CFO elevated to Co-CEO, preserving continuity in the finance leadership slot. The compensation mix鈥攎oderate base salary of $455,000, a significant new-hire RSU of $7.0M, and a target annual equity award of $4.8M starting in 2027鈥攁ligns long-term interests through equity while cash bonus opportunity is performance-tied at 75% of base salary. Severance terms (12 months salary, COBRA contributions, prorated/target bonus amounts and change-in-control acceleration) are consistent with market practice for senior SaaS executives and reduce retention risk during leadership transition. No material related-party transactions or family relationships were disclosed.

TL;DR: Governance appears standard: employment agreement, indemnification, and IP/confidentiality covenants with customary severance and CIC protections.

The filing discloses an at-will Employment Agreement with a separation release requirement to receive severance, which is a typical enforceability safeguard. Change-in-control clauses provide lump-sum severance and full equity acceleration, which can be dilutive but are common to secure alignment in potential M&A events. The absence of reportable related-party transactions and the execution of standard indemnification and non-solicit/NDAs are governance-positive disclosures, improving transparency around the appointment.

Tenable Holdings ha nominato Matthew Brown Chief Financial Officer e dirigente finanziario principale, in sostituzione di Stephen Vintz che 猫 passato a Co-Chief Executive Officer. Brown arriva con precedenti esperienze come CFO di Altair Engineering e come CFO ad interim di NortonLifeLock; 猫 CPA e laureato all'UC Berkeley. L'impiego 猫 a volont脿 (at-will) con uno stipendio base annuo di $455.000, bonus trimestrali con obiettivo pari al 75% dello stipendio base, un premio in Restricted Stock Unit per nuovi assunti del valore di $7.000.000 e una proposta di premio azionario annuo target di $4.800.000 a partire da febbraio 2027, soggetta all'approvazione del Comitato. L'accordo prevede le consuete indennit脿 in caso di licenziamento senza giusta causa o per buon motivo (12 mesi di stipendio base, copertura COBRA a carico del datore di lavoro e disposizioni sul bonus pro rata/target), tutele rafforzate in caso di modifica del controllo con indennit脿 in unica soluzione e accelerazione completa delle azioni non vestite, oltre a normali clausole di indennizzo e obblighi su propriet脿 intellettuale e riservatezza.

Tenable Holdings nombr贸 a Matthew Brown como su Director Financiero y funcionario financiero principal, en reemplazo de Stephen Vintz, quien pas贸 a ser Co-Director Ejecutivo. Brown se incorpora con antecedentes como CFO de Altair Engineering y experiencia como CFO interino en NortonLifeLock; es CPA y graduado de la UC Berkeley. Su empleo es a voluntad (at-will) con un salario base anual de $455,000, bonos trimestrales con objetivo del 75% del salario base, una concesi贸n de unidades restringidas de acciones para nuevo ingreso valorada en $7,000,000, y una propuesta de premio accionario anual objetivo de $4,800,000 a partir de febrero de 2027, sujeta a la aprobaci贸n del Comit茅. El acuerdo incluye la indemnizaci贸n habitual si se le termina el contrato sin causa o por buena causa (12 meses de salario base, primas COBRA a cargo del empleador y disposiciones de bonos prorrateados/objetivo), protecciones reforzadas en caso de cambio de control con indemnizaci贸n en suma global y aceleraci贸n total de la titularidad no adquirida de acciones, adem谩s de las habituales cl谩usulas de indemnizaci贸n y obligaciones sobre propiedad intelectual/confidencialidad.

Tenable Holdings電� Matthew Brown鞚� 斓滉碃鞛毂呾瀯鞛�(CFO) 瓴� 欤检殧 鞛毂呾瀯鞛愲 鞛勲獏頄堨溂氅�, 鞚挫爠鞚� CFO鞓�雿� Stephen Vintz電� 瓿惦彊 CEO搿� 鞚措彊頄堨姷雼堧嫟. Brown鞚� Altair Engineering鞚� CFO 瓴诫牓瓿� NortonLifeLock鞚� 鞛勳嫓 CFO 瓴巾棙鞚� 氤挫湢頃橁碃 鞛堨溂氅�, 瓿奠澑須岅硠靷�(CPA)鞚挫瀽 UC 氩勴伌毽� 臁胳梾靸濎瀰雼堧嫟. 瓿犾毄 順曧儨電� 鞎犿姼鞙�(at-will)鞚措┌ 鞐瓣皠 旮半掣旮夓潃 $455,000鞚搓碃, 攵勱赴氤� 氤措剤鞀る姅 旮半掣旮夓潣 75%毳� 氇╉憸搿� 頃╇媹雼�. 鞁犾瀰鞛愳毄 鞝滍暅欤检嫕 雼渼(RSU) 氤挫儊鞚� $7,000,000 臧�旃橃澊氅�, 2027雲� 2鞗旊秬韯� 鞝侅毄霅橂姅 鞐瓣皠 氇╉憸 欤检嫕 氤挫儊鞚� 鞙勳洂須� 鞀轨澑 臁瓣贝鞙茧 $4,800,000鞙茧 鞝滌晥霅橃柎 鞛堨姷雼堧嫟. 瓿勳暯鞐愲姅 鞝曤嫻頃� 靷湢 鞐嗢澊 頃搓碃霅橁卑雮� 鞝曤嫻頃� 鞚挫湢搿� 韲挫偓頃� 瓴届毎 韱奠儊鞝侅澑 韲挫 鞙勲(旮半掣旮� 12臧滌洈, 瓿犾毄欤� 攵�雼� COBRA 氤错棙耄� 氚� 氤措剤鞀れ潣 牍勲/氇╉憸 歆�旮� 攴滌爼)臧� 韽暔霅橂┌, 瓴届榿甓� 氤�瓴� 鞁� 鞚检嫓旮� 韲挫旮� 氚� 氙疙檿鞝� 欤检嫕鞚� 鞝勲┐ 臧�靻嶍檾 霌� 臧曧檾霅� 氤错樃 臁办箻鞕� 響滌鞝侅澑 氅挫眳 臁绊暛 氚� 歆�鞝侅灛靷瓣秾/牍勲皜鞙犾 鞎届爼鞚� 韽暔霅╇媹雼�.

Tenable Holdings a nomm茅 Matthew Brown directeur financier (CFO) et responsable financier principal, en remplacement de Stephen Vintz qui est devenu co-directeur g茅n茅ral. M. Brown apporte des exp茅riences ant茅rieures en tant que CFO chez Altair Engineering et en tant que CFO par int茅rim chez NortonLifeLock ; il est CPA et dipl么m茅 de l'UC Berkeley. Son emploi est 芦 at-will 禄 avec un salaire de base annuel de 455 000 $, des primes trimestrielles cibl茅es 脿 75 % du salaire de base, une attribution de Restricted Stock Units pour nouvelle embauche d'une valeur de 7 000 000 $, et une proposition d'attribution annuelle d'actions cible de 4 800 000 $ 脿 compter de f茅vrier 2027, sous r茅serve de l'approbation du Comit茅. L'accord comprend les indemnit茅s usuelles en cas de licenciement sans motif ou pour un motif valable (12 mois de salaire de base, prises en charge des primes COBRA par l'employeur et dispositions de prime proratis茅e/objectif), des protections renforc茅es en cas de changement de contr么le incluant une indemnit茅 forfaitaire et l'acc茅l茅ration totale des actions non acquises, ainsi que des clauses standard d'indemnisation et des engagements relatifs 脿 la propri茅t茅 intellectuelle et 脿 la confidentialit茅.

Tenable Holdings hat Matthew Brown zum Chief Financial Officer und verantwortlichen Finanzvorstand ernannt; er folgt auf Stephen Vintz, der zum Co-Chief Executive Officer gewechselt ist. Brown bringt fr眉here CFO-Positionen bei Altair Engineering sowie interimistische CFO-Erfahrung bei NortonLifeLock mit, ist CPA und Absolvent der UC Berkeley. Das Besch盲ftigungsverh盲ltnis ist at-will mit einem j盲hrlichen Grundgehalt von $455.000, viertelj盲hrlichen Boni mit einem Ziel von 75% des Grundgehalts, einer Restricted Stock Unit-Zuweisung f眉r Neueinstellungen im Wert von $7.000.000 und einem vorgeschlagenen j盲hrlichen Zielaktienzuschuss von $4.800.000 ab Februar 2027, vorbehaltlich der Zustimmung des Ausschusses. Die Vereinbarung sieht 眉bliche Abfindungsleistungen bei k眉ndigungsbedingtem Wegfall ohne Grund oder aus gutem Grund vor (12 Monate Grundgehalt, vom Arbeitgeber 眉bernommene COBRA-Pr盲mien und anteilige/zielfokussierte Bonusregelungen), verst盲rkte Schutzmechanismen bei Kontrollwechsel einschlie脽lich Einmalabfindung und vollst盲ndiger Beschleunigung unverfallter Aktien sowie standardm盲脽ige Entsch盲digungs- und IP/Vertraulichkeitsklauseln vor.

0001660280false00016602802025-08-192025-08-19


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
__________________
FORM 8-K
__________________

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of report (Date of earliest event reported): August 19, 2025

__________________
TENABLE HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
__________________
Delaware001-3860047-5580846
(State or other jurisdiction of incorporation or organization)(Commission File Number)(I.R.S. Employer Identification Number)

6100 Merriweather Drive, Columbia, Maryland, 21044
(Address of principal executive offices, including zip code)

(410) 872-0555
(Registrant’s telephone number, including area code)
__________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.01 per shareTENBThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On August 19, 2025, the Board of Directors (the "Board") of Tenable Holdings, Inc. (the “Company”) appointed Matthew Brown as Chief Financial Officer and "principal financial officer" of the Company for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), effective August 21, 2025. Mr. Brown succeeds Stephen Vintz, who previously served as the Company’s Chief Financial Officer and was recently appointed Co-Chief Executive Officer of the Company, serving alongside Mark Thurmond. Before joining the Company, Mr. Brown, age 45, served as the Chief Financial Officer and Principal Financial Officer of Altair Engineering Inc. from January 2021 to March 2025. His previous experience includes finance leadership roles, such as Interim Chief Financial Officer at NortonLifeLock, a leading consumer cyber safety company, from November 2019 to July 2020, and prior to that as Chief Accounting Officer at Symantec, a leading provider of enterprise security software. Mr. Brown is a Certified Public Accountant and holds a Bachelor of Science degree in Business Administration from the Walter A. Haas School of Business at the University of California, Berkeley.
There is no arrangement or understanding between Mr. Brown and any other person pursuant to which he was selected as the Chief Financial Officer of the Company, and there is no family relationship between Mr. Brown and any of the Company’s other executive officers or directors. There are no transactions between Mr. Brown and the Company that would be required to be reported under Item 404(a) of Regulation S-K.
The Company has entered into an employment agreement with Mr. Brown, dated August 19, 2025 (the "Employment Agreement"). Pursuant to the terms of the Employment Agreement, Mr. Brown’s employment is at will and may be terminated at any time by us or Mr. Brown. Under the terms of the Employment Agreement, Mr. Brown is eligible to receive an annual base salary of $455,000, and quarterly bonuses with an aggregate annual target of 75% of his base salary based upon the assessment of Mr. Brown’s performance and our attainment of targeted goals as set by the Board or Compensation Committee of the Board (the "Compensation Committee"), and provided Mr. Brown remains employed and in good standing through the date each quarterly bonus is paid. In addition, Mr. Brown is eligible to receive a new-hire restricted stock unit award with an aggregate dollar value of $7,000,000, pursuant to the Company's 2018 Equity Incentive Plan. The Employment Agreement also provides that beginning with a grant date in February 2027, the Company's management will recommend that the Compensation Committee approve a target annual equity award for Mr. Brown with an aggregate value of $4,800,000, that may be granted in a mix of restricted stock units and performance restricted stock units as determined by the Compensation Committee, subject to approval of the Compensation Committee and applicable individual performance criteria.
If Mr. Brown is terminated without cause or resigns for good reason (each as defined in the Employment Agreement), provided he signs and does not revoke the separation agreement that is attached to the Employment Agreement and which includes a release of claims (the "Separation Agreement"), Mr. Brown is eligible to receive 12 months of continued base salary, payment by the Company of the employer-portion of premiums for continued group health coverage for up to 12 months following termination (the "COBRA Severance"), and a lump sum cash payment equal to Mr. Brown’s target annual bonus for the year in which the termination occurs, prorated based on the last day of employment and reduced by the amount of any quarterly bonuses previously paid or due for the year in which the termination occurs. If such termination or resignation occurs within the three months prior to or 12 months following a change in control (as defined in the Employment Agreement), provided he signs and does not revoke the Separation Agreement, Mr. Brown is eligible to receive the same base salary severance and group health plan contributions set forth above (but the base salary severance will be paid in a lump sum), a bonus severance payment equal to the sum of (i) one times Mr. Brown's target annual bonus for the year in which the termination occurs, plus (ii) one times Mr. Brown’s target annual bonus for the year in which the termination occurs, prorated based on the last day of employment and reduced by the amount of any quarterly bonuses previously paid or due for the year in which the termination occurs, and accelerated vesting in full of any outstanding unvested equity incentive awards held by Mr. Brown. In addition, if Mr. Brown dies or his employment is terminated due to disability (as defined in the Employment Agreement), provided Mr. Brown’s estate or Mr. Brown, as applicable, signs and does not revoke the Separation Agreement, Mr. Brown’s dependents or Mr. Brown, as applicable, are eligible to receive the COBRA Severance. In connection with his appointment, Mr. Brown also entered into the Company’s standard form of indemnification agreement and an intellectual property, non-disclosure and non-solicitation agreement.
The foregoing description of the Employment Agreement with Mr. Brown is qualified in its entirety by the complete text of the Employment Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K.


Item 7.01    Regulation FD Disclosure.
On August 21, 2025, Tenable issued a press release relating to the appointment of Mr. Brown. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information in this Item 7.01 of this Current Report on 8-K (including Exhibit 99.1) is furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, as amended, or subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information shall not be deemed incorporated by reference into any other filing with the Securities and Exchange Commission made by the Company, whether made before or after today’s date, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific references in such filing.
Item 9.01    Financial Statements and Exhibits.
(d)     Exhibits
Exhibit NumberDescription
10.1
Employment Agreement, dated August 19, 2025, by and between Tenable, Inc. and Matthew Brown
99.1
Press release dated August 21, 2025
101.SCHInline XBRL Taxonomy Extension Schema Document.
101.LABInline XBRL Taxonomy Extension Label Linkbase Document.
101.PREInline XBRL Taxonomy Extension Presentation Linkbase Document.
104
The cover page from Tenable's 8-K filed on August 21, 2025, formatted in Inline XBRL.


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
TENABLE HOLDINGS, INC.
Date:August 21, 2025By:/s/ Michelle VonderHaar
Michelle VonderHaar
Chief Legal Officer and Corporate Secretary

Source:

FAQ

Who was appointed CFO of Tenable (TENB)?

The company appointed Matthew Brown as Chief Financial Officer and principal financial officer.

What is Matthew Brown's base salary and bonus target at Tenable (TENB)?

His annual base salary is $455,000 and his quarterly bonuses have an aggregate annual target equal to 75% of his base salary.

What equity compensation did Tenable (TENB) grant to its new CFO?

Mr. Brown is eligible for a new-hire restricted stock unit award with an aggregate value of $7,000,000 and a proposed target annual equity award of $4,800,000 beginning in February 2027, subject to Committee approval.

What severance protections are included in the Tenable (TENB) CFO employment agreement?

If terminated without cause or for good reason, Mr. Brown may receive 12 months continued base salary, employer COBRA premiums for up to 12 months, and a lump-sum payment equal to his target annual bonus (prorated), subject to signing a release.

Are there change-in-control protections for the new CFO at Tenable (TENB)?

Yes. If termination occurs within three months prior to or 12 months following a change in control and the release is executed, he is eligible for lump-sum base salary severance, enhanced bonus severance and accelerated vesting in full of unvested equity awards.
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Tenable Holdings

NASDAQ:TENB

TENB Rankings

#1587 Ranked by Market Cap
N/A Ranked by Dividends

TENB Latest News

Aug 26, 2025
Tenable Named a Leader in the IDC MarketScape: Worldwide Exposure Management 2025 Vendor Assessment
Aug 21, 2025
Tenable Names Matthew Brown as Chief Financial Officer
Aug 12, 2025
Tenable to Participate in Upcoming Investor Events
Aug 6, 2025
Tenable Expands Exposure Management Platform to Secure Enterprise AI
Jul 30, 2025
Tenable Announces Second Quarter 2025 Financial Results

TENB Latest SEC Filings

Sep 4, 2025
[144] Tenable Holdings, Inc. SEC Filing
Aug 27, 2025
[Form 4] Tenable Holdings, Inc. Insider Trading Activity
Aug 27, 2025
[Form 4] Tenable Holdings, Inc. Insider Trading Activity
Aug 27, 2025
[Form 4] Tenable Holdings, Inc. Insider Trading Activity
Aug 26, 2025
[Form 4] Tenable Holdings, Inc. Insider Trading Activity

TENB Stock Data

3.68B
118.76M
1.87%
94.07%
5.35%
Software - Infrastructure
Services-prepackaged Software
United States
COLUMBIA