HSTM.NASDAQHealthstream INC

Form 4: HealthStream Inc. Executive Trisha L. Coady Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Senior Vice President Trisha L. Coady of HealthStream Inc. reports acquisition of shares through vesting of restricted share units and subsequent disposal for tax liability.

Summary

  • On September 27, 2024, Trisha L. Coady, Senior Vice President of HealthStream Inc., acquired 422 shares of common stock through the vesting of restricted share units (RSUs).
  • Also on September 27, 2024, 103 shares were disposed of to cover tax liabilities at a price of $28.31 per share.
  • Following these transactions, Coady directly owns 22,271 shares of HealthStream Inc.
  • Coady also holds 2,390 restricted share units.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by an executive, with no indication of unusual or concerning activity. It reflects standard compensation practices.

Future Outlook

The reporting person's remaining RSUs will continue to vest over the next three years, contingent upon continued service.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they represent a small portion of the overall outstanding shares.
  • The disclosure provides transparency to shareholders regarding executive compensation and ownership.

Key Dates

DateDescription
09/20/202415% of RSUs vest
09/27/2024Acquisition of 422 shares via RSU vesting and disposal of 103 shares for tax liability.
09/20/202520% of RSUs vest
09/20/202630% of RSUs vest
09/20/202735% of RSUs vest
10/01/2024Date 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.