4/A: HealthStream CEO Amends Gifted Share Disclosure
Insider Transaction Amendment
HealthStream CEO Robert A. Frist Jr. filed an amended Form 4 to correct the number of shares gifted on December 12, 2023, from 8,500 to 10,500.
Summary
- Robert A. Frist Jr., CEO and Chairman of HealthStream Inc., filed an amended Form 4 (Form 4/A).
- The amendment corrects an administrative error in a previously filed Form 4 from December 13, 2023.
- The correct amount of common shares transferred by gift on December 12, 2023, was 10,500, not 8,500 as originally reported.
- Following this transaction, Frist directly beneficially owns 4,048,052 shares of HealthStream common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative correction to an insider transaction, with no direct positive or negative implications for the company's operational or financial performance.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that this administrative amendment to an insider transaction filing does not provide direct insights into broader industry trends or competitive landscape.
Key Dates
| Date | Description |
|---|---|
| 12/12/2023 | Date of common stock gift transaction. |
| 12/13/2023 | Date original Form 4 was filed. |
| 02/27/2026 | Signature date of the amended Form 4. |
Recommendation
holdThis filing is an administrative correction to an insider transaction and does not provide new information that would alter the fundamental investment outlook for HealthStream Inc. The change in reported gifted shares is minor and does not impact the company's operational or financial performance, thus a 'hold' recommendation is maintained.
Keywords
HealthStream, HSTM, Form 4/A, Insider Transaction, Beneficial Ownership, Robert A. Frist Jr., Gifted Shares, SEC Filing
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