HealthStream (HSTM) CEO Frist amends filing to report 10,500-share stock gift
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
HEALTHSTREAM INC director and CEO Robert A. Frist Jr. filed an amended insider report to correct a previously disclosed stock gift. The amendment clarifies that 10,500 shares of common stock were transferred as a bona fide gift on the reported date, rather than 8,500 shares as initially reported. The transaction carried a stated price of $0.0000 per share, consistent with a non-cash charitable or personal gift. Following this correction, Frist is shown as directly beneficially owning 4,048,052 shares of HealthStream common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,500 shares gifted
Mixed
1 txn
Insider
FRIST ROBERT A JR
Role
CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock Holding | 10,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock Holding — 4,048,052 shares (Direct)
Footnotes (1)
- The original Form 4, filed December 13, 2023, is being amended by this Form 4 Amendment solely to correct an administrative error, which incorrectly reported 8,500 shares were transferred by gift, while the correct amount is 10,500. Reflects the amount of securities directly beneficially owned by the reporting person as of the date hereof.
FAQ
What did HealthStream (HSTM) CEO Robert A. Frist Jr. report in this Form 4/A?
Robert A. Frist Jr. reported an amended insider transaction showing a bona fide gift of 10,500 HealthStream common shares. The amendment corrects an earlier filing that understated the gifted amount as 8,500 shares.
Why was this HealthStream (HSTM) Form 4/A filed as an amendment?
The filing amends a prior Form 4 to fix an administrative error in the reported gift size. The original report showed 8,500 shares transferred by gift, while the correct amount, now disclosed, is 10,500 shares.
Was the HealthStream (HSTM) insider stock transfer a sale for cash?
No, the transaction was reported as a bona fide gift with a stated price of $0.0000 per share. This indicates a non-cash transfer rather than an open-market sale generating cash proceeds.
Does this HealthStream (HSTM) Form 4/A indicate buying or selling activity?
The Form 4/A shows a disposition classified as a bona fide gift, not a market sale or purchase. It represents a non-cash transfer of 10,500 shares away from the insider’s direct holdings.