Form 4: HealthStream CFO Scott Roberts Reports Stock Transactions
SEC Form 4 Filing
HealthStream's CFO, Scott Alexander Roberts, reports the vesting of restricted share units and subsequent tax withholding.
Summary
- On October 30, 2024, Scott Alexander Roberts, CFO and SVP of HealthStream Inc. (HSTM), reported transactions involving HealthStream's common stock.
- Roberts acquired 512 shares upon the vesting of restricted share units (RSUs) at a price of $0.
- Concurrently, 125 shares were withheld for payment of tax liability at a price of $28.95.
- Following these transactions, Roberts directly owns 23,174 shares of HealthStream common stock and 1,661 restricted share units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions.
Future Outlook
The RSUs are subject to a four-year vesting schedule, contingent upon continued service.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect executive compensation and ownership changes.
Key Dates
| Date | Description |
|---|---|
| 10/27/2023 | 15% of RSUs vest |
| 10/30/2024 | Shares acquired on vesting of restricted share units; shares withheld for payment of tax liability |
| 10/27/2024 | 20% of RSUs vest |
| 10/27/2025 | 30% of RSUs vest |
| 10/27/2026 | Remaining 35% of RSUs vest |
| 10/31/2024 | Date of signature for the report |
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