Form 4: HealthStream CFO's RSU Vesting & Tax Withholding
Insider Transaction Report
HealthStream's CFO, Scott Alexander Roberts, reported the vesting of restricted share units and subsequent tax-related share withholding on March 30, 2026.
Summary
- Scott Alexander Roberts, CFO and SVP of HealthStream Inc. (HSTM), reported transactions on March 30, 2026.
- Acquired 5,601 shares of common stock through the vesting of restricted share units (RSUs) at a price of $0.
- Disposed of 1,364 shares of common stock at $21.25 per share to cover tax liabilities associated with the RSU vesting.
- Following these transactions, Roberts directly beneficially owns 36,800 shares of common stock.
- Multiple tranches of Restricted Share Units (RSUs) vested, totaling 5,601 shares.
- One RSU tranche (2,460 units) had vesting contingent on both continued service and achievement of performance criteria, which were met for the period January 1, 2025, through December 31, 2025.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting standard executive compensation practices and the achievement of performance criteria for a portion of the RSUs, indicating operational success.
Positives
- Vesting of 5,601 restricted share units indicates continued employment and alignment of executive interests with shareholder value.
- Achievement of performance criteria for a tranche of RSUs (2,460 units) for the period January 1, 2025, through December 31, 2025, suggests the company met specific operational or financial goals.
Negatives
- 1,364 shares were withheld for tax liability, which is a standard procedure upon RSU vesting and not inherently negative.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that routine insider transactions, such as RSU vesting and tax withholding, are common occurrences in the executive compensation landscape across various industries, reflecting standard equity incentive plans.
Stakeholder Impact
- Shareholders may view the vesting of RSUs and achievement of performance criteria as a positive sign of executive alignment and company performance.
- Employees, particularly other executives, may see this as a standard part of their compensation structure, reinforcing retention incentives.
Next Steps
- Future vesting of remaining restricted share units on various dates through March 19, 2029, contingent on continued service.
- Future vesting of performance-based restricted share units on March 23, 2027, contingent on continued service and achievement of performance criteria for the period January 1, 2026, through December 31, 2026.
Key Dates
| Date | Description |
|---|---|
| 2022-01-01 | Start of performance period for certain RSUs (tranche 8). |
| 2022-12-31 | End of performance period for certain RSUs (tranche 8). |
| 2023-03-23 | Vesting date for 15% of certain RSUs (tranche 8 and 9). |
| 2023-01-01 | Start of performance period for certain RSUs (tranche 8). |
| 2023-12-31 | End of performance period for certain RSUs (tranche 8). |
| 2024-03-22 | Vesting date for 15% of certain RSUs (tranche 7). |
| 2024-03-23 | Vesting date for 20% of certain RSUs (tranche 8 and 9). |
| 2024-01-01 | Start of performance period for certain RSUs (tranche 8). |
| 2024-12-31 | End of performance period for certain RSUs (tranche 8). |
| 2025-03-19 | Vesting date for 15% of certain RSUs (tranche 4). |
| 2025-03-20 | Vesting date for 15% of certain RSUs (tranche 6). |
| 2025-03-22 | Vesting date for 20% of certain RSUs (tranche 7). |
| 2025-03-23 | Vesting date for 20% of certain RSUs (tranche 8) and 30% of certain RSUs (tranche 9). |
| 2025-01-01 | Start of performance period for certain RSUs (tranche 8). |
| 2025-12-31 | End of performance period for certain RSUs (tranche 8); performance criteria achieved. |
| 2026-03-19 | Vesting date for 15% of certain RSUs (tranche 4). |
| 2026-03-20 | Vesting date for 20% of certain RSUs (tranche 6). |
| 2026-03-22 | Vesting date for 30% of certain RSUs (tranche 7). |
| 2026-03-23 | Vesting date for 20% of certain RSUs (tranche 8) and 35% of certain RSUs (tranche 9). |
| 2026-03-30 | Transaction date for RSU vesting and tax withholding. |
| 2026-01-01 | Start of performance period for certain RSUs (tranche 8). |
| 2026-12-31 | End of performance period for certain RSUs (tranche 8). |
| 2027-03-19 | Vesting date for 20% of certain RSUs (tranche 4). |
| 2027-03-20 | Vesting date for 30% of certain RSUs (tranche 6). |
| 2027-03-22 | Vesting date for 35% of certain RSUs (tranche 7). |
| 2027-03-23 | Vesting date for 25% of certain RSUs (tranche 8). |
| 2028-03-19 | Vesting date for 30% of certain RSUs (tranche 4). |
| 2028-03-20 | Vesting date for 35% of certain RSUs (tranche 6). |
| 2029-03-19 | Vesting date for 35% of certain RSUs (tranche 4). |
Recommendation
holdThis Form 4 filing details routine insider transactions related to executive compensation, specifically the vesting of restricted stock units and shares withheld for taxes. Such transactions are generally expected and do not typically provide new fundamental information that would warrant a change in investment recommendation. The achievement of performance criteria for some RSUs is a positive, but not a significant catalyst on its own.
Keywords
HealthStream, HSTM, Scott Alexander Roberts, CFO, SVP, SEC Form 4, Insider Transaction, Restricted Share Units, RSU Vesting, Stock Ownership, Executive Compensation, Tax Withholding
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