Form 4: HealthStream Director Frank Gordon Reports Acquisition of Shares

Director Frank Gordon reports acquiring HealthStream shares, increasing his direct and indirect holdings.

Summary

• Frank Gordon, a director of HealthStream Inc. (HSTM), reported a transaction on October 19, 2012.
• He acquired 418 shares of common stock at a price of $29.36 per share.
• Following the transaction, Gordon directly holds 207,616 shares.
• He also indirectly holds shares through Crofton Capital (100,418 shares), The Joel Company (11,386 shares), custodial accounts for minor children (7,000 shares total), and the Frank E. Gordon 2003 Family Trust (2,000 shares).

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a transaction. The purchase itself is mildly positive, suggesting the director's confidence, but the document is primarily informational.

Positives

• A director's purchase of shares can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

HealthStream, Director, Frank Gordon, Share Acquisition, Form 4, Beneficial Ownership, HSTM