Form 4: Weave Communications CFO Alan Taylor Reports Stock Transaction
SEC Form 4 Filing
Alan Taylor, CFO of Weave Communications, reports the disposal of 700 common stock shares to cover tax obligations related to vested restricted stock units.
Summary
- On April 12, 2024, Alan Taylor, the Chief Financial Officer of Weave Communications, Inc., reported a transaction involving the company's common stock.
- The transaction involved the disposal of 700 shares of common stock at a price of $11.58 per share.
- These shares were withheld by Weave Communications to satisfy tax obligations related to the settlement of vested restricted stock units, as per Rule 16b-3(e).
- Following the reported transaction, Taylor beneficially owns 560,726 shares of Weave Communications common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a routine transaction related to tax obligations.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/12/2024 | Date of stock transaction |
| 04/16/2024 | Date of signature on the report |
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