Form 4: Weave Communications CFO Alan Taylor Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Alan Taylor, CFO of Weave Communications, reports a transaction involving the withholding of common stock to cover tax obligations related to vested restricted stock units.
Summary
- On July 12, 2024, Alan Taylor, the Chief Financial Officer of Weave Communications, Inc., engaged in a transaction where 700 shares of common stock were disposed of at a price of $9.02 per share.
- This transaction was conducted 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 544,355 shares of Weave Communications, Inc. common stock.
Sentiment
Score: 5
Explanation: The document reports a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 07/12/2024 | Date of stock transaction where 700 shares were disposed of to cover tax obligations. |
| 07/15/2024 | Date of signature for the Form 4 filing. |
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