Form 4: HealthStream Inc. Executive Scott Fenstermacher Reports Stock Transactions
SEC Form 4
Senior Vice President Scott Fenstermacher reports the vesting of restricted share units and subsequent tax withholding.
Summary
- On March 28, 2025, Scott Fenstermacher, a Senior Vice President at HealthStream Inc., reported transactions involving HealthStream's common stock.
- These transactions included the vesting of 5,532 restricted share units (RSUs) and the withholding of 1,833 shares for tax liability at a price of $31.9 per share.
- Following these transactions, Fenstermacher directly owns 16,026 shares of HealthStream Inc.
- Fenstermacher also holds various restricted share units that are subject to vesting schedules based on continued service and, in some cases, the achievement of performance criteria.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Positives
- The vesting of restricted share units indicates that performance or service conditions have been met.
Negatives
- The sale of shares to cover tax obligations reduces the executive's holdings.
Risks
- Future vesting of restricted share units is contingent upon continued service and the achievement of performance criteria, which introduces uncertainty.
Future Outlook
Future vesting of RSUs is contingent upon continued service and achievement of performance criteria.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
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 | 20% of certain RSUs vest; 15% of other RSUs vest. |
| 01/01/2023 12/31/2023 | Performance period for certain RSUs. |
| 03/17/2023 | 20% of certain RSUs vest. |
| 03/22/2024 | 15% of certain RSUs vest. |
| 03/23/2024 | 20% of certain RSUs vest. |
| 01/01/2024 12/31/2024 | Performance period for certain RSUs. |
| 03/20/2025 | 15% of certain RSUs vest. |
| 03/22/2025 | 20% of certain RSUs vest. |
| 03/23/2025 | 30% of certain RSUs vest; 20% of other RSUs vest. |
| 03/28/2025 | Date of reported transactions: vesting of RSUs and tax withholding. |
| 01/01/2025 12/31/2025 | Performance period for certain RSUs. |
| 03/20/26 | 20% of certain RSUs vest. |
| 03/22/2026 | 30% of certain RSUs vest. |
| 03/23/2026 | 20% of certain RSUs vest. |
| 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 certain RSUs vest. |
| 03/20/2028 | 35% of certain RSUs vest. |
Keywords
HealthStream, Fenstermacher, Restricted Share Units, Vesting, Form 4, Stock Transactions, Insider Trading
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