Form 4: Weave Communications Chief Legal Officer Sells Shares to Cover Taxes
SEC Form 4 Filing
Erin Goodsell, Chief Legal Officer & Corp. Sec of Weave Communications, sold 19,917 shares of common stock on March 19, 2025, to cover taxes due upon the release and settlement of restricted stock units.
Summary
- On March 19, 2025, Erin Goodsell, the Chief Legal Officer & Corp. Sec of Weave Communications, sold 19,917 shares of the company's common stock.
- The sale was executed at a price of $11.326 per share.
- The purpose of the sale was to cover taxes due upon the release and settlement of restricted stock units.
- Following the transaction, Goodsell still beneficially owns 522,154 shares of Weave Communications common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover taxes) and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and do not necessarily indicate a negative outlook on the company's future.
Key Dates
| Date | Description |
|---|---|
| 03/19/2025 | Date of transaction: Erin Goodsell sold 19,917 shares of Weave Communications common stock. |
| 03/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Weave Communications, Insider Trading, Erin Goodsell, Stock Sale, Restricted Stock Units, Tax Obligations
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