Form 4: HealthStream Executive Vice President Trisha L. Coady Reports Acquisition of Restricted Share Units
SEC Form 4
Trisha L. Coady, Executive Vice President of HealthStream Inc., reports the acquisition of 2,376 restricted share units (RSUs) on March 19, 2025, according to a Form 4 filing with the SEC.
Summary
- On March 19, 2025, Trisha L. Coady, Executive Vice President of HealthStream Inc. (HSTM), acquired 2,376 restricted share units (RSUs).
- Each RSU represents the right to receive one share of HealthStream common stock upon vesting.
- The RSUs vest over a four-year period, contingent upon continued service.
- 15% of the RSUs vest on March 19, 2026, 20% on March 19, 2027, 30% on March 19, 2028, and the remaining 35% on March 19, 2029.
- Following the transaction, Coady directly holds 2,376 derivative securities and 24,973 shares of HealthStream common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and aligns management with shareholder interests. There are no indications of negative events or concerns.
Positives
- The grant of RSUs aligns the executive's interests with those of the shareholders, incentivizing long-term performance and retention.
Industry Context
Executive compensation through stock and RSU grants is a common practice in publicly traded companies to align management's interests with shareholder value.
Stakeholder Impact
- The RSU grant could positively impact shareholders by incentivizing the executive to improve company performance.
Key Dates
| Date | Description |
|---|---|
| 03/19/2025 | Date of transaction: Acquisition of 2,376 Restricted Share Units |
| 03/19/2026 | 15% of RSUs vest |
| 03/19/2027 | 20% of RSUs vest |
| 03/19/2028 | 30% of RSUs vest |
| 03/19/2029 | 35% of RSUs vest |
| 03/21/2025 | Date of signature |
Keywords
Form 4, HealthStream, HSTM, Restricted Share Units, RSU, Executive Compensation, Insider Transaction, Beneficial Ownership, Coady, Trisha L. Coady
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.