Form 8-K
8-K — TACTILE SYSTEMS TECHNOLOGY INC
Accession: 0001104659-26-082947
Filed: 2026-07-13
Period: 2026-07-13
CIK: 0001027838
SIC: 3841 (SURGICAL & MEDICAL INSTRUMENTS & APPARATUS)
Item: Regulation FD Disclosure
Item: Other Events
Item: Financial Statements and Exhibits
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8-K — tm2620304d1_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (tm2620304d1_ex99-1.htm)
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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)
July 13, 2026
TACTILE
SYSTEMS TECHNOLOGY, INC.
(Exact name
of registrant as specified in its charter)
Delaware
001-37799
41-1801204
(State
or other jurisdiction of
(Commission
(I.R.S.
Employer
incorporation)
File
Number)
Identification
No.)
3701
Wayzata Blvd, Suite 300,
Minneapolis, MN
55416
(Address of principal executive offices) (Zip
Code)
(612)
355-5100
(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 class
Trading
Symbol(s)
Name
of each exchange on which
registered
Common
Stock, Par Value $0.001 Per Share
TCMD
The
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 7.01. Regulation FD Disclosure.
On July 13, 2026, Tactile Systems Technology, Inc.
(“we,” “us,” and “our”) issued a press release announcing a distribution agreement. A copy of the
press release is attached hereto as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K,
the information in this Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18
of the Securities Exchange Act of 1934 or otherwise subject to the liability of that section, and shall not be incorporated by reference
into any registration statement or other document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934, except
as shall be expressly set forth by specific reference in that filing.
Item 8.01. Other Events.
On July 13, 2026, we announced that we have
entered into an exclusive distribution agreement with ElastiMed, Inc. to bring MyoSleeve™, its discreet, wearable non-pneumatic
compression device for the lower leg, to Department of Veterans Affairs (“VA”) and Department of Defense (“DoD”)
patients across the United States. MyoSleeve expands our established market-leading portfolio by providing a new treatment option for
appropriately selected patients in earlier stages of chronic swelling who may not yet require more intensive compression therapy. MyoSleeve
may also be appropriate as a complementary treatment to a traditional pneumatic compression device and for patients who struggle with
conservative therapy, or those with mobility-limiting cases.
Wrapped around the calf with the ability to be
worn beneath clothing, MyoSleeve uses electroactive polymer technology to deliver dynamic compression through flexible bands that contract
in sequence. The battery-powered device is designed as an all-in-one therapy option, operating without tubing, cords, or an external controller,
and quietly delivers intermittent therapy while patients go about daily activities. MyoSleeve has received U.S. Food and Drug Administration
510(k) clearance and is indicated for the treatment of chronic swelling, including chronic edema, lymphedema, and venous insufficiency.
Under the agreement, we hold exclusive U.S. distribution
rights for MyoSleeve within the VA and DoD systems. In connection with these exclusive distribution rights, we made an upfront payment
of $3 million to ElastiMed. We also committed to certain minimum purchase obligations and marketing and sales promotion as we support
ElastiMed’s growth. We expect to leverage our established sales organization, billing and payment expertise, and patient support
infrastructure to drive MyoSleeve commercialization and support ongoing market access initiatives. MyoSleeve is available by prescription,
and appropriate patient selection is determined by the treating clinician.
Legal Notice Regarding Forward-Looking Statements
This report contains forward-looking statements,
including expectations regarding the distribution agreement and related actions. Forward-looking statements are generally identifiable
by the use of words like “may,” “will,” “should,” “could,” “expect,” “anticipate,”
“estimate,” “believe,” “intend,” “continue,” “confident,” “outlook,”
“guidance,” “project,” “goals,” “look forward,” “poised,” “designed,”
“plan,” “return,” “focused,” “prospects” or “remain” or the negative of these
words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking
statements, as these statements are subject to numerous factors and uncertainties outside of our control that can make such statements
untrue, including, but not limited to, our ability to obtain reimbursement from third-party payers for our products; adverse economic
conditions, including inflation, rising interest rates or a recession; the adequacy of our liquidity to pursue our business objectives;
price increases for supplies and components; wage and component price inflation; loss of a key supplier or other supply chain disruptions;
entry of new competitors and/or competitive products; compliance with and changes in federal, state and local government laws and regulations;
technological obsolescence of, or quality issues with, our products; our ability to expand our business through strategic acquisitions;
our ability to integrate acquisitions and related businesses; the effects of current and future U.S. and foreign trade policy and tariff
actions; or the inability to carry out research, development and commercialization plans. In addition, other factors that could cause
actual results to differ materially are discussed in our filings with the SEC. Investors and security holders are urged to read these
documents free of charge on the SEC’s website at http://www.sec.gov. We undertake no obligation to publicly update or revise our
forward-looking statements as a result of new information, future events or otherwise.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
EXHIBIT INDEX
Exhibit
No.
Description
99.1
Press Release dated July 13, 2026
104
Cover Page Interactive Data File (embedded within the
Inline XBRL document)
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 hereunto duly authorized.
TACTILE SYSTEMS TECHNOLOGY, INC.
Date: July 13, 2026
By:
/s/ Elaine M. Birkemeyer
Elaine M. Birkemeyer
Chief Financial Officer
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2620304d1_ex99-1.htm · Sequence: 2
Exhibit 99.1
Tactile Medical Enters Exclusive U.S. Distribution
Agreement with ElastiMed for its MyoSleeve™ Wearable Compression Device for VA and DoD Patients
Discreet, Battery-Powered Device Reaches Patients
at Earlier Stages of Disease Progression
MINNEAPOLIS, July 13, 2026 (GLOBE NEWSWIRE)
-- Tactile Systems Technology, Inc. (“Tactile Medical”; the “Company”) (Nasdaq: TCMD), a medical technology
company providing therapies for people with chronic disorders, today announced it has entered into an exclusive distribution agreement
with ElastiMed, Inc. to bring MyoSleeve™, its discreet, wearable non-pneumatic compression device for the lower leg, to Department
of Veterans Affairs (VA) and Department of Defense (DoD) patients across the United States. MyoSleeve expands Tactile Medical’s
established market-leading portfolio by providing a new treatment option for appropriately selected patients in earlier stages of chronic
swelling who may not yet require more intensive compression therapy. MyoSleeve may also be appropriate as a complementary treatment to
a traditional pneumatic compression device and for patients who struggle with conservative therapy, or those with mobility-limiting cases.
Wrapped around the calf with the ability to be worn beneath clothing,
MyoSleeve uses electroactive polymer technology to deliver dynamic compression through flexible bands that contract in sequence. The battery-powered
device is designed as an all-in-one therapy option, operating without tubing, cords, or an external controller, and quietly delivers intermittent
therapy while patients go about daily activities. MyoSleeve has received U.S. Food and Drug Administration 510(k) clearance and is
indicated for the treatment of chronic swelling, including chronic edema, lymphedema, and venous insufficiency.
Under the agreement, Tactile Medical holds exclusive U.S. distribution
rights for MyoSleeve within the VA and DoD systems. In connection with these exclusive distribution rights, the Company made an upfront
payment of $3 million to ElastiMed. The Company also committed to certain minimum purchase obligations and marketing and sales promotion
as it supports ElastiMed’s growth. The Company expects to leverage its established sales organization, billing and payment expertise,
and patient support infrastructure to drive MyoSleeve commercialization and support ongoing market access initiatives. MyoSleeve is available
by prescription, and appropriate patient selection is determined by the treating clinician.
“Our agreement with ElastiMed adds a differentiated, wearable
compression option to Tactile Medical’s portfolio and reflects our strategy of expanding access to patient-focused solutions across
the continuum of chronic swelling care,” said Sheri Dodd, Chief Executive Officer of Tactile Medical. “For the right patient,
MyoSleeve offers unobtrusive compression therapy that fits into daily life, giving patients the freedom to stay mobile while engaged in
their own care.”
"Partnering with Tactile Medical gives MyoSleeve a direct path
to certain patients with chronic swelling who want to stay active while getting the treatment they need,” said Omer Zelka, Chief
Executive Officer of ElastiMed. “It is the first ambulatory all-in-one, cable-free, clinical-grade solution for patients with venous
and lymphatic conditions. This partnership enables the first commercial introduction of MyoSleeve through a trusted and market-leading
medical device partner."
"Compression therapy is not one-size-fits-all. Clinicians achieve
the best outcomes when they have a range of options that can be matched to disease severity, anatomy, and lifestyle," said Tony
Gasparis, MD, Chief Medical Officer of Tactile Medical. "MyoSleeve introduces an important new option for appropriately selected
patients with lower-leg swelling, offering active compression that is well-suited for earlier stages of disease, where consistent therapy
adherence is key to slowing disease progression. Importantly, MyoSleeve is designed to complement — not replace — advanced
pneumatic compression therapies, which remain the standard of care for patients with more extensive or advanced disease."
For more information about MyoSleeve, please visit https://tactilemedical.com/myosleeve/.
About Tactile Systems Technology, Inc. (DBA Tactile Medical)
Tactile Medical is a leader in developing and
marketing at-home therapies for people suffering from underserved, chronic conditions including lymphedema, lipedema, chronic venous insufficiency
and chronic inflammatory lung disease by helping them live better and care for themselves. Tactile Medical collaborates with clinicians
to expand clinical evidence, raise awareness, increase access to care, reduce overall healthcare costs and improve the quality of life
for tens of thousands of patients each year.
About ElastiMed, Inc.
ElastiMed is a commercial-stage medical device
company developing wearable therapeutic devices based on electroactive polymer (EAP) technology, designed to deliver dynamic compression
in a comfortable, low-profile, and easy-to-use form.
Investor Inquiries:
Sam Bentzinger
Gilmartin Group
investorrelations@tactilemedical.com
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