SCHEDULE 13G/A: Catalyst Investors and Principals Update Passive Stake in Weave Communications

Catalyst Investors entities and their principals, Brian Rich and Tyler Newton, have filed an amended Schedule 13G, disclosing their passive beneficial ownership in Weave Communications, Inc. as of December 31, 2024.

Summary

• Catalyst Investors QP IV, L.P., Catalyst Investors Partners IV, L.P., and Catalyst Investors Partners IV, L.L.C. each reported beneficial ownership of 54,714 shares of Weave Communications, Inc. Common Stock, representing 0.1% of the class.
• Catalyst Investors IV, L.P. reported 0 shares beneficially owned.
• Brian Rich, a member of Catalyst Investors Partners IV, L.L.C., reported an aggregate beneficial ownership of 604,729 shares, representing 0.8% of the class, including 408,917 shares with sole voting and dispositive power and 195,812 shares with shared voting and dispositive power.
• Tyler Newton, also a member of Catalyst Investors Partners IV, L.L.C., reported an aggregate beneficial ownership of 360,670 shares, representing 0.5% of the class, including 305,956 shares with sole voting and dispositive power and 54,714 shares with shared voting and dispositive power.
• The ownership percentages are based on 72,771,106 shares of Common Stock outstanding as of November 1, 2024, as reported by Weave Communications, Inc. in its Form 10-Q.
• The shared beneficial ownership of 54,714 shares by the Catalyst entities, Mr. Rich, and Mr. Newton includes 54,714 vested restricted stock units granted to Mr. Newton, held for the benefit of Fund QP IV.

Sentiment

Score: 5

Explanation: The document is a routine beneficial ownership disclosure (Schedule 13G Amendment No. 2) and does not contain information that would significantly alter the sentiment towards the company. It simply updates the public record of passive holdings by Catalyst Investors and its principals.

Positives

• The filing indicates continued passive investment by Catalyst Investors and its principals in Weave Communications, suggesting ongoing confidence in the company's long-term prospects from these investors.

Negatives

• The filing does not contain any negative financial or operational information, as it is solely an ownership disclosure.

Risks

• The document itself does not detail specific company risks, but rather discloses beneficial ownership. The risk associated with this filing is minimal as it's a routine update of passive holdings.

Future Outlook

This Schedule 13G filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding Weave Communications, Inc.'s future performance or strategic outlook.

Industry Context

This filing is a routine disclosure of beneficial ownership by an investment firm and its principals, common in the financial industry. It does not provide specific insights into broader industry trends or competitive dynamics beyond confirming the continued investment interest of Catalyst Investors in Weave Communications, Inc.

Stakeholder Impact

• Shareholders: Provides transparency regarding the beneficial ownership of Catalyst Investors and its principals, confirming their continued, albeit passive, stake in the company.
• Employees, Customers, Suppliers, Creditors: No direct impact from this ownership disclosure.

Key Dates

Keywords

Weave Communications, Catalyst Investors, Brian Rich, Tyler Newton, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Investment, Passive Investor