Form 4: HealthStream Executive Vice President Michael Sousa Reports Changes in Beneficial Ownership
SEC Form 4
Michael Sousa, Executive Vice President of HealthStream Inc., reports the vesting of restricted share units and subsequent tax withholding.
Summary
- On September 27, 2024, Michael Sousa, Executive Vice President of HealthStream Inc., reported changes in beneficial ownership of the company's stock.
- 527 shares were acquired upon the vesting of restricted share units (RSUs).
- 152 shares were withheld for payment of tax liability at a price of $28.31.
- Following these transactions, Sousa directly owns 53,190 shares of HealthStream Inc.
- Sousa also directly owns 2,988 restricted share units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation.
Future Outlook
The remaining RSUs are subject to a vesting schedule through September 20, 2027, contingent upon continued service.
Industry Context
This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of RSUs and subsequent tax withholding has a minor impact on the total number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 09/20/2024 | 15% of RSUs vest |
| 09/27/2024 | Shares acquired on vesting of restricted share units and shares withheld for payment of tax liability |
| 09/20/2025 | 20% of RSUs vest |
| 09/20/2026 | 30% of RSUs vest |
| 09/20/2027 | 35% of RSUs vest |
| 10/01/2024 | Date of signature |
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