Company: TCMD
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001558370-25-010098
Chunk: 6

Company: TACTILE SYSTEMS TECHNOLOGY INC
Filing Date: 2025-08-04
Form: 10-Q
Item: Part II, Item 1L
Chunk 6
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Item 1. Legal Proceedings.

Information pertaining to certain legal proceedings in which we are involved can be found in Note 9 – “Commitments and Contingencies” to our condensed consolidated financial statements included in Part I, Item 1 of this report and is incorporated herein by reference. 

Item 1A. Risk Factors.

In addition to the other information set forth in this Quarterly Report on Form 10-Q, you should carefully consider the factors discussed in “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2024, which could materially affect our business, financial condition or future results. There have been no material changes in our risk factors from those disclosed in that report.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

Issuer Purchases of Equity Securities

​​​​​​​​​​​​​​​​​​​​​​Total Number​Approximate​​​​​​​​​of Shares​Dollar Value of​​​​​​​​​Purchased as​Shares that​​​​​​​​​Part of Publicly​May Yet Be​​Total Number​Average​Announced​Purchased​​of Shares​Price Paid​Plans or​Under the Plans orPeriod​Purchased​Per Share(1)​Programs​Programs(2)April 1, 2025 - April 30, 2025​ 320,118​​$ 13.66​​ 320,118​$ 12,135,735May 1, 2025 - May 31, 2025​ 399,082​​​ 10.42​​ 399,082​​ 7,988,256June 1, 2025 - June 30, 2025​ 788,296​​​ 10.16​​ 788,296​​ 139Total​ 1,507,496​​​​​​ 1,507,496​​​

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(1)Amount includes commissions paid.

(2)On November 4, 2024, we announced that our board of directors authorized a program to repurchase shares of our common stock in an aggregate amount not to exceed $30.0 million. The share repurchase program became effective on October 30, 2024 and was scheduled to expire on October 31, 2026. As of June 24, 2025, the Company had utilized substantially all of the repurchase authorization under the program and therefore completed the share repurchase program