Form 4: HealthStream Director William Stead Reports Stock Vesting

Director William Stead reported the vesting of restricted share units into 1,125 shares of HealthStream Inc. common stock on June 6, 2024.

Summary

• On June 6, 2024, William Stead, a director of HealthStream Inc. (HSTM), reported a transaction involving the vesting of restricted share units (RSUs).
• Mr. Stead acquired 1,125 shares of common stock as a result of the vesting of these RSUs.
• The vesting occurred at a price of $0 per share, as the RSUs represent a contingent right to receive shares upon vesting.
• Following the transaction, Mr. Stead directly owns 41,879 shares of HealthStream Inc. common stock and 2,252 restricted share units.
• The RSUs are subject to a three-year vesting schedule, with equal installments vesting annually beginning June 6, 2024, contingent upon continued service.

Sentiment

Score: 5

Explanation: This is a neutral event, reflecting a standard compensation practice. It doesn't inherently indicate positive or negative sentiment.

Positives

• The vesting of RSUs indicates that Mr. Stead has met certain service requirements, suggesting continued involvement with HealthStream Inc.

Industry Context

Form 4 filings are standard disclosures required by the SEC for company insiders, providing transparency into their transactions in the company's stock. This is a routine filing and doesn't necessarily indicate a significant event for HealthStream.

Key Dates