Form 4: HealthStream Executive Kevin P. O'Hara Reports Stock Transactions
SEC Form 4
Executive Vice President Kevin P. O'Hara reports the vesting of restricted share units and subsequent tax withholding.
Summary
- On March 28, 2025, Kevin P. O'Hara, an Executive Vice President at HealthStream Inc., reported transactions involving HealthStream's common stock.
- These transactions included the vesting of 6,556 restricted share units (RSUs) and the withholding of 1,597 shares for tax liability at a price of $31.9 per share.
- Following these transactions, O'Hara directly owns 19,137 shares of common stock.
- O'Hara also still owns various restricted share units that are subject to vesting schedules.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Positives
- The vesting of RSUs indicates that performance criteria were met for at least some of the units.
Risks
- The value of the vested shares is subject to market fluctuations.
Future Outlook
The document outlines the vesting schedules for various restricted share units, indicating future potential stock ownership changes for the reporting person.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Comparison to Industry Standards
- Executive compensation packages often include restricted stock units (RSUs) with vesting schedules tied to service and performance, which is a standard practice among publicly traded companies like HealthStream.
- Companies such as Cerner (now Oracle Health) and McKesson also utilize RSUs as part of their executive compensation plans.
- The vesting schedules described in the document, typically spanning four years with staggered vesting dates, are consistent with industry norms.
Stakeholder Impact
- The vesting of RSUs and subsequent tax withholding may have a minor dilutive effect on existing shareholders.
- The transactions reflect ongoing compensation arrangements for the executive.
Key Dates
| Date | Description |
|---|---|
| 03/17/2022 | 15% of certain RSUs vest |
| 01/01/2022 12/31/2022 | Performance period for certain RSUs |
| 03/23/2023 | 15% of certain RSUs vest; 20% of performance-based RSUs vest |
| 01/01/2023 12/31/2023 | Performance period for certain RSUs |
| 03/17/2023 | 20% of certain RSUs vest |
| 03/23/2024 | 20% of certain RSUs vest |
| 01/01/2024 12/31/2024 | Performance period for certain RSUs |
| 03/22/2024 | 15% of certain RSUs vest |
| 03/20/2025 | 15% of certain RSUs vest |
| 03/22/2025 | 20% of certain RSUs vest |
| 01/01/2024 12/31/2024 | Performance period for certain RSUs |
| 03/23/2025 | 30% of certain RSUs vest; 20% of performance-based RSUs vest |
| 03/28/2025 | Date of reported transactions: vesting of RSUs and tax withholding |
| 03/20/2026 | 20% of certain RSUs vest |
| 03/22/2026 | 30% of certain RSUs vest |
| 01/01/2025 12/31/2025 | Performance period for certain RSUs |
| 03/23/2026 | 20% of performance-based RSUs vest |
| 03/20/2027 | 30% of certain RSUs vest |
| 03/22/2027 | 35% of certain RSUs vest |
| 01/01/2026 12/31/2026 | Performance period for certain RSUs |
| 03/23/2027 | 25% of performance-based RSUs vest |
| 03/20/2028 | 35% of certain RSUs vest |
Keywords
HealthStream, O'Hara, restricted share units, RSUs, vesting, Form 4, insider trading, stock, executive compensation
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