Form 4: Weave Communications CEO Brett White Reports Tax-Related Stock Transaction
SEC Form 4 Filing
CEO Brett White reports a transaction where shares were withheld by Weave Communications to cover tax obligations related to vested restricted stock units.
Summary
- On October 25, 2024, Brett T White, CEO of Weave Communications, Inc., had 52,931 shares of common stock withheld by the issuer to satisfy tax obligations.
- This transaction occurred at a price of $13.47 per share.
- Following the transaction, White directly owns 2,046,458 shares of Weave Communications common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard tax-related withholding.
Key Dates
| Date | Description |
|---|---|
| 10/25/2024 | Date of the stock transaction (tax withholding). |
| 10/29/2024 | Date of the signature on the Form 4 filing. |
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