HSTM.NASDAQHealthstream INC

Form 4: HealthStream Inc. Executive Jeff Cunningham Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Jeff Cunningham, Chief Technology Officer of HealthStream Inc., reports the acquisition and disposal of common stock and restricted share units.

Summary

  • On October 30, 2024, Jeff Cunningham, Chief Technology Officer of HealthStream Inc., reported changes in beneficial ownership.
  • Cunningham acquired 512 shares of common stock upon the vesting of restricted share units (RSUs) at a price of $0.
  • He also disposed of 125 shares of common stock at $28.95 to cover tax liabilities.
  • Following these transactions, Cunningham directly owns 25,987 shares of common stock.
  • He also holds 1,661 restricted share units.
  • The RSUs vest over a four-year schedule.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into insider transactions.

Positives

  • The vesting of restricted share units indicates a continued alignment of the executive's interests with those of the company and its shareholders.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates

DateDescription
October 27, 202315% of RSUs vested
October 27, 202420% of RSUs vest
October 30, 2024Date of transaction and RSU vesting
October 27, 202530% of RSUs vest
October 27, 2026Remaining 35% of RSUs vest
October 31, 2024Date of signature

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