Form 4: HealthStream Executive Vice President Michael Sousa Reports Stock Transactions
SEC Form 4
Executive Vice President Michael Sousa reports the vesting of restricted share units and subsequent stock transactions.
Summary
- Michael Sousa, Executive Vice President of HealthStream Inc., reported transactions involving HealthStream's common stock on February 27, 2025.
- These transactions include the vesting of 12,000 restricted share units (RSUs) and the withholding of 3,631 shares for payment of tax liability at a price of $32.37.
- Following these transactions, Sousa directly owns 62,015 shares of HealthStream common stock and 39,000 restricted share units.
- The vesting of the RSUs is contingent upon continued service and the achievement of certain performance criteria established annually by the Compensation Committee.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive compensation, indicating a neutral sentiment.
Future Outlook
The vesting schedule for the remaining restricted share units extends through February 23, 2028, contingent upon continued service and achievement of performance criteria.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by an executive officer.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | 15% of RSUs vest for the period January 1, 2023 through December 31, 2023. |
| 02/27/2025 | Date of reported transactions: vesting of RSUs and withholding of shares for tax liability. |
| 02/23/2025 | 20% of RSUs vest for the period January 1, 2024 through December 31, 2024. |
| 02/23/2026 | 20% of RSUs vest for the period January 1, 2025 through December 31, 2025. |
| 02/23/2027 | 20% of RSUs vest for the period January 1, 2026 through December 31, 2026. |
| 02/23/2028 | 25% of RSUs vest for the period January 1, 2027 through December 31, 2027. |
| 02/28/2025 | Date of signature for the Form 4 filing. |
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