Form 4: HealthStream Executive Vice President Collier Reports Stock Transactions
SEC Form 4
Executive Vice President Michael Manning Collier reports the vesting of restricted share units and subsequent tax withholding.
Summary
- Michael Manning Collier, Executive Vice President of HealthStream Inc., filed a Form 4 on October 31, 2024, reporting changes in beneficial ownership of HealthStream stock.
- On October 30, 2024, 597 shares were acquired due to the vesting of restricted share units (RSUs).
- Also on October 30, 2024, 146 shares were withheld for payment of tax liability at a price of $28.95 per share.
- Following these transactions, Collier directly owns 40,853 shares of HealthStream common stock and 1,939 restricted share units.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation, with neutral sentiment.
Future Outlook
The remaining RSUs are subject to continued service and will vest on October 27, 2025 (30%) and October 27, 2026 (35%).
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions.
Stakeholder Impact
- The transaction affects the executive's holdings and potentially signals confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 10/27/2023 | 15% of RSUs vest |
| 10/30/2024 | Vesting of 597 restricted share units; 146 shares withheld for 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 | Form 4 filing date |
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