Form 4: HealthStream Inc. Executive Jeff Cunningham Reports Stock Transactions
SEC Form 4
Jeff Cunningham, Chief Technology Officer of HealthStream Inc., reports the vesting of restricted share units and subsequent tax withholding.
Summary
- On March 28, 2025, Jeff Cunningham, the Chief Technology Officer of HealthStream Inc., reported transactions involving HealthStream's common stock.
- Cunningham acquired 6,556 shares of common stock upon the vesting of restricted share units (RSUs) at a price of $0.
- Simultaneously, 1,597 shares were withheld for payment of tax liability at a price of $31.9 per share.
- The reported transactions leave Cunningham with direct ownership of 32,353 shares of common stock following the tax liability transaction.
- Cunningham also reports holding various amounts of restricted share units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Positives
- The vesting of restricted share units indicates that Cunningham is meeting the service requirements set by the company.
- Achievement of performance criteria for some RSUs suggests positive performance within the company.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.
Stakeholder Impact
- Shareholders can monitor insider transactions to gain insights into management's perspective on the company's stock.
- The vesting of RSUs incentivizes the executive to remain with the company and contribute to its success.
Key Dates
| Date | Description |
|---|---|
| 03/17/2022 | 15% of certain RSUs vest. |
| 01/01/2022 12/31/2022 | Performance period for certain RSUs. |
| 03/23/2023 | 15% of certain RSUs vest; 20% of performance-based RSUs vest for the period January 1, 2022 through December 31, 2022. |
| 01/01/2023 12/31/2023 | Performance period for certain RSUs. |
| 03/17/2023 | 20% of certain RSUs vest. |
| 03/23/2024 | 20% of certain RSUs vest; 20% of performance-based RSUs vest for the period January 1, 2023 through December 31, 2023. |
| 01/01/2024 12/31/2024 | Performance period for certain RSUs. |
| 03/22/2024 | 15% of certain RSUs vest. |
| 03/20/2025 | 15% of certain RSUs vest. |
| 03/22/2025 | 20% of certain RSUs vest. |
| 01/01/2024 12/31/2024 | Performance period for certain RSUs. |
| 03/23/2025 | 30% of certain RSUs vest; 20% of performance-based RSUs vest for the period January 1, 2024 through December 31, 2024. |
| 03/28/2025 | Date of reported transactions: vesting of RSUs and tax withholding. |
| 01/01/2025 12/31/2025 | Performance period for certain RSUs. |
| 03/17/2025 | 35% of certain RSUs vest. |
| 03/20/2026 | 20% of certain RSUs vest. |
| 03/22/2026 | 30% of certain RSUs vest. |
| 03/23/2026 | 20% of performance-based RSUs vest for the period January 1, 2025 through December 31, 2025. |
| 01/01/2026 12/31/2026 | Performance period for certain RSUs. |
| 03/20/2027 | 30% of certain RSUs vest. |
| 03/22/2027 | 35% of certain RSUs vest. |
| 03/23/2027 | 25% of performance-based RSUs vest for the period January 1, 2026 through December 31, 2026. |
| 03/20/2028 | 35% of certain RSUs vest. |
Keywords
HealthStream, Jeff Cunningham, Form 4, Restricted Share Units, Stock Transactions, Beneficial Ownership, Vesting, Tax Withholding, Equity Securities
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