Form 4: HealthStream Inc. Executive Scott Fenstermacher Reports Stock Transactions

Scott Fenstermacher, Senior Vice President at HealthStream Inc., reports acquisition of 1,500 shares and disposal of 577 shares for tax liability.

Summary

• On February 23, 2024, Scott Fenstermacher, a Senior Vice President at HealthStream Inc., acquired 1,500 shares of common stock upon vesting of restricted share units.
• Also on February 23, 2024, Mr. Fenstermacher disposed of 577 shares of common stock at a price of $26.81 to cover tax liabilities.
• Following these transactions, Mr. Fenstermacher directly owns 11,108 shares of HealthStream Inc.
• Mr. Fenstermacher also holds 8,500 restricted share units (RSUs), which vest in installments between 2025 and 2028, contingent upon continued service and achievement of performance criteria.

Sentiment

Score: 6

Explanation: The document reflects routine transactions related to executive compensation. The sentiment is neutral as it simply reports facts without indicating positive or negative performance.

Positives

• The vesting of restricted share units indicates that performance criteria were met for the period January 1, 2023, through December 31, 2023.

Risks

• The vesting of the remaining RSUs is contingent upon continued service and the achievement of certain performance criteria, which are established annually by the Compensation Committee.

Future Outlook

Future vesting of RSUs is contingent upon continued service and achievement of performance criteria set annually by the Compensation Committee.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates