SCHEDULE: FMR LLC, Abigail Johnson Maintain 0.8% Stake in Weave Communications

FMR LLC and Abigail P. Johnson have reported a continued beneficial ownership of 0.8% in Weave Communications Inc.'s common stock as of February 27, 2026.

Summary

• FMR LLC and Abigail P. Johnson, as reporting persons, beneficially own 652,733.82 shares of Weave Communications Inc. common stock.
• This ownership represents 0.8% of the total class of securities.
• The filing is an Amendment No. 4 to Schedule 13G, indicating a previous filing and an update to ownership information.
• FMR LLC holds sole voting power over 616,920.00 shares and sole dispositive power over 652,733.82 shares.
• Abigail P. Johnson holds sole dispositive power over 652,733.82 shares, with no sole or shared voting power directly attributed to her in this filing.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Weave Communications Inc.
• FMR LLC is classified as a parent holding company or control person, with several subsidiaries identified as investment advisers or banks.
• Abigail P. Johnson is a Director, Chairman, and CEO of FMR LLC, and is part of the Johnson family group which holds 49% of the voting power of FMR LLC through Series B voting common shares and a shareholders' voting agreement.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive development. While the ownership percentage is small, the continued presence of a major institutional investor like FMR LLC suggests ongoing market interest in Weave Communications Inc., without indicating any immediate catalysts or concerns.

Positives

• The continued beneficial ownership by a major institutional investor like FMR LLC and its principal, Abigail P. Johnson, can be viewed as a sign of ongoing confidence in Weave Communications Inc.

Negatives

• The 0.8% ownership stake is relatively small, indicating a limited direct influence on the company's strategic direction by these specific reporting persons.

Risks

• The filing explicitly states that the securities were not acquired or held for the purpose of changing or influencing the control of the issuer, which means these investors are passive and will not actively push for strategic changes.

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance regarding Weave Communications Inc.'s future performance or strategic direction.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11." (Certification by FMR LLC and Abigail P. Johnson)

Industry Context

StockSavvy.ai notes that the continued passive investment by a prominent asset manager like FMR LLC in Weave Communications Inc. suggests that the company remains on the radar of institutional investors, aligning with broader trends of technology and communication service providers attracting long-term capital, even if the stake is not for control.

Comparison to Industry Standards

• This filing is a standard Schedule 13G, which is a routine disclosure for institutional investors holding between 5% and 20% of a company's stock, or less than 5% if filed under Rule 13d-1(b) or (c). The 0.8% stake is below the 5% threshold typically associated with significant influence, aligning with a passive investment strategy common among large diversified funds like those managed by FMR LLC.
• Compared to activist investors who might take larger stakes (e.g., Carl Icahn's 8.5% stake in Southwest Gas Holdings or Starboard Value's 9.9% stake in Salesforce), FMR LLC's position in Weave Communications Inc. is indicative of a purely financial, non-activist holding.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding a significant institutional holder's stake, which can offer some reassurance regarding institutional interest in the company.
• Management: The explicit statement that the holding is not for control purposes indicates that management is unlikely to face pressure from these specific investors regarding strategic changes.

Key Dates

Recommendation

This Schedule 13G filing primarily provides an update on beneficial ownership by a large institutional investor. It does not contain new financial performance data, strategic announcements, or material changes that would warrant a 'buy' or 'sell' recommendation. The continued, passive stake by FMR LLC suggests a stable, long-term institutional interest, supporting a 'hold' position for existing investors, while offering no strong new impetus for new investment.

Keywords

Weave Communications Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Passive Investment, SEC Filing