Form 4: Weave Communications CEO Brett White Reports Tax-Related Stock Transaction
SEC Form 4 Filing
CEO Brett White reports a transaction where Weave Communications withheld shares to cover tax obligations related to vested restricted stock units.
Summary
- On July 25, 2024, Brett T White, CEO of Weave Communications, reported a transaction on Form 4.
- The transaction involved the withholding of 53,106 shares of Weave Communications' common stock by the issuer to satisfy tax obligations.
- This withholding was related to the acquisition of shares from the settlement of vested restricted stock units.
- The price per share for the transaction was $10.21.
- Following the transaction, White directly owns 2,162,914 shares of Weave Communications' common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 07/25/2024 | Date of the stock transaction (tax withholding). |
| 07/26/2024 | Date of signature on the Form 4 filing. |
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