Form 4: Weave Communications Executive Erin Goodsell Reports Changes in Beneficial Ownership

Erin Goodsell, Chief Legal Officer & Corp.Sec of Weave Communications, reports a transaction involving the withholding of shares to cover tax obligations related to vested restricted stock units.

Summary

• On June 14, 2024, Erin Goodsell, Chief Legal Officer & Corp.Sec of Weave Communications, Inc., reported a transaction.
• The transaction involved the withholding of 3,319 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.
• Following the transaction, Goodsell beneficially owns 677,456 shares of Weave Communications' common stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating standard executive compensation practices. It doesn't suggest any significant positive or negative developments for the company.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It reflects the standard practice of withholding shares to cover taxes associated with the vesting of stock-based compensation.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of share ownership related to executive compensation.

Key Dates