Form 4: Weave Communications CEO Brett White Sells Shares to Cover Taxes
SEC Form 4
CEO Brett White sold 54,051 shares of Weave Communications to cover taxes due upon the release and settlement of restricted stock units.
Summary
- On April 28, 2025, Brett T White, CEO of Weave Communications, sold 54,051 shares of common stock at a price of $10.23 per share.
- The sale was executed to cover taxes due upon the release and settlement of restricted stock units.
- Following the transaction, White directly owns 2,086,384 shares of Weave Communications.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine sale of shares to cover tax obligations, not necessarily indicative of a positive or negative outlook on the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This sale is related to tax obligations and may not reflect a change in the executive's long-term outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 04/28/2025 | Date of stock sale transaction. |
| 04/30/2025 | Date of signature on the Form 4 filing. |
Keywords
Weave Communications, Brett White, stock sale, Form 4, restricted stock units, insider trading, WEAV
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