Form 4: Weave Communications CEO Brett T. White Reports Stock Transaction
SEC Form 4 Filing
CEO Brett T. White reports disposition of Weave Communications stock to cover tax obligations related to vested restricted stock units.
Summary
- On September 13, 2024, Brett T. White, CEO of Weave Communications, Inc., reported a transaction involving the company's common stock.
- The transaction involved the disposition of 34,681 shares to satisfy tax obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $10.59 per share.
- Following the transaction, White directly owns 2,099,389 shares of Weave Communications common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it's neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vested stock, which is a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine transaction to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Date of stock transaction (disposal of shares). |
| 09/16/2024 | Date of signature on the Form 4 filing. |
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