Form 4: HealthStream Inc. Executive Trisha L. Coady Reports Stock Transactions
SEC Form 4 Filing
Senior Vice President Trisha L. Coady of HealthStream Inc. reports acquisition of shares through vesting of restricted share units and disposal of shares for tax liability.
Summary
- Trisha L. Coady, a Senior Vice President at HealthStream Inc., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On October 30, 2024, Ms. Coady acquired 1,712 shares of common stock upon the vesting of restricted share units (RSUs).
- Also on October 30, 2024, 417 shares were disposed of at a price of $28.95 to cover tax liabilities.
- Following these transactions, Ms. Coady directly owns 23,566 shares of HealthStream Inc.
- Ms. Coady also holds 5,561 restricted share units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices; neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates standard compensation practices involving stock and RSUs.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation and do not indicate a significant change in company leadership's confidence.
Key Dates
| Date | Description |
|---|---|
| 10/27/2023 | 15% of RSUs vest |
| 10/30/2024 | Shares acquired on vesting of restricted share units; shares withheld for payment of tax liability |
| 10/27/2024 | 20% of RSUs vest |
| 10/27/2025 | 30% of RSUs vest |
| 10/27/2026 | Remaining 35% of RSUs vest |
| 10/31/2024 | Date of signature for the Form 4 filing |
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.