Form 4: Weave CEO Sells Shares for Tax Obligations
Insider Transaction Report
Weave Communications CEO Brett T. White sold 28,112 shares of common stock on August 18, 2025, at $7.98 per share to cover tax obligations related to restricted stock units.
Summary
- Brett T. White, Chief Executive Officer and Director of Weave Communications, Inc. (WEAV), sold 28,112 shares of the company's common stock.
- The transaction occurred on August 18, 2025, with shares sold at a price of $7.98 per share.
- The sale was executed to cover tax obligations arising from the release and settlement of restricted stock units.
- Following this transaction, Mr. White directly holds 1,976,024 shares of Weave Communications common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine sale of shares by the CEO to cover tax obligations related to the vesting of restricted stock units, which is a common practice and does not inherently indicate positive or negative sentiment regarding the company's performance or outlook.
Key Dates
| Date | Description |
|---|---|
| 08/18/2025 | Date of common stock sale by Brett T. White. |
| 08/20/2025 | Date the Form 4 was signed. |
Recommendation
holdThe filing details a routine insider sale by the CEO to cover tax obligations from restricted stock unit vesting. This type of transaction is common and does not typically signal a change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this report.
Keywords
Weave Communications, WEAV, insider trading, Form 4, stock sale, CEO, Brett White, restricted stock units, tax obligations
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