Form 4: HealthStream Director Terry Rappuhn Reports Stock Vesting

Director Terry Rappuhn reports vesting of restricted share units into HealthStream common stock.

Summary

• On June 6, 2024, Terry Allison Rappuhn, a director of HealthStream Inc. (HSTM), reported a transaction involving the vesting of restricted share units (RSUs).
• Mr. Rappuhn acquired 1,125 shares of common stock through the vesting of these RSUs at a price of $0.
• Following the transaction, Mr. Rappuhn directly owns 3,782 shares of HealthStream common stock.
• He also directly owns 2,252 restricted share units.
• The RSUs vest annually over a three-year period, contingent upon continued service, beginning on June 6, 2024.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock vesting, which is neither particularly positive nor negative. It reflects standard compensation practices.

Future Outlook

The remaining RSUs are subject to a three-year vesting schedule, contingent upon continued service.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.

Stakeholder Impact

• The vesting of RSUs increases the number of shares outstanding, which could have a minor dilutive effect on existing shareholders.

Key Dates