HealthStream (HSTM) EVP gains shares as 1,382 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HealthStream Executive Vice President Trisha L. Coady exercised restricted share units that vested into 5,672 shares of common stock on March 30, 2026. These awards vested at no exercise price as part of multi-year RSU compensation grants.
To cover tax obligations on the vesting, 1,382 shares of common stock were withheld at $21.25 per share. After these routine compensation and tax-withholding transactions, Coady directly holds 39,495 shares of HealthStream common stock. The underlying RSUs follow four-year vesting schedules tied to continued service and, for some awards, achievement of performance criteria set by the Compensation Committee.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,672 shares exercised/converted
Mixed
7 txns
Insider
Coady Trisha L
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 356 | $0.00 | -- |
| Exercise | Restricted Share Units | 448 | $0.00 | -- |
| Exercise | Restricted Share Units | 686 | $0.00 | -- |
| Exercise | Restricted Share Units | 1,722 | $0.00 | -- |
| Exercise | Restricted Share Units | 2,460 | $0.00 | -- |
| Exercise | Common Stock Holding | 5,672 | $0.00 | -- |
| Tax Withholding | Common Stock Holding | 1,382 | $21.25 | $29K |
Holdings After Transaction:
Restricted Share Units — 2,020 shares (Direct);
Common Stock Holding — 40,877 shares (Direct)
Footnotes (1)
- Shares acquired on vesting of restricted share units. Shares withheld for payment of tax liability. Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit. The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 19, 2026, 20% vest on March 19, 2027, 30% vest on March 19, 2028, and the remaining 35% vest on March 19, 2029. Not applicable. The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 20, 2025, 20% vest on March 20, 2026, 30% vest on March 20, 2027, and the remaining 35% vest on March 20, 2028. The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 22, 2024, 20% vest on March 22, 2025, 30% vest on March 22, 2026, and the remaining 35% vest on March 22, 2027. The RSUs are subject to a four year vesting schedule, contingent upon continued service at the time of vesting. 15% vest on March 23, 2023, 20% vest on March 23, 2024, 30% vest on March 23, 2025, and the remaining 35% vest on March 23, 2026. Vesting of these RSUs is contingent upon continued service at the time of vesting and the achievement of certain performance criteria. The performance criteria will be established on an annual basis by the Compensation Committee of the Board of Directors. 15% vest on March 23, 2023 for the period January 1, 2022 through December 31, 2022; 20% vest on March 23, 2024 for the period January 1, 2023 through December 31, 2023; 20% vest on March 23, 2025 for the period January 1, 2024 through December 31, 2024; 20% vest on March 23, 2026 for the period January 1, 2025 through December 31, 2025; and 25% vest on March 23, 2027 for the period January 1, 2026 through December 31, 2026. Vesting is determined based on actual performance. The performance criteria for the period January 1, 2025 through December 31, 2025 was achieved; therefore 20% of the awards vested on March 23, 2026.
Key Figures
RSU shares vested: 5,672 shares
Shares withheld for taxes: 1,382 shares
Tax-withholding price: $21.25 per share
+2 more
5 metrics
RSU shares vested
5,672 shares
Common stock received from RSU vesting on March 30, 2026
Shares withheld for taxes
1,382 shares
Tax-withholding disposition at vesting
Tax-withholding price
$21.25 per share
Value used for 1,382 withheld shares
Shares owned after transactions
39,495 shares
Direct common stock holdings after March 30, 2026
Four-year vesting split
15% / 20% / 30% / 35%
Typical RSU annual vesting percentages
Key Terms
Restricted Share Units, tax-withholding disposition, vesting schedule, performance criteria, +1 more
5 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
vesting schedule financial
"The RSUs are subject to a four year vesting schedule, contingent upon continued service"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
performance criteria financial
"Vesting of these RSUs is contingent upon continued service ... and the achievement of certain performance criteria."
Compensation Committee financial
"The performance criteria will be established on an annual basis by the Compensation Committee of the Board of Directors."
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
FAQ
What did HealthStream (HSTM) EVP Trisha Coady report in this Form 4?
Trisha L. Coady reported vesting and exercise of restricted share units into 5,672 shares of HealthStream common stock. The filing also shows a related tax-withholding share disposition and her updated direct ownership position after these routine compensation transactions.
How do HealthStream’s RSU vesting schedules work for Trisha Coady?
Coady’s restricted share units generally vest over four years, contingent on continued service. Typical schedules vest 15% in year one, 20% in year two, 30% in year three, and 35% in year four. Certain RSUs also depend on annual performance criteria determined by the Compensation Committee.
Were performance goals involved in any of Trisha Coady’s HealthStream RSUs?
Yes. One RSU award vests based on both continued service and specific annual performance criteria set by the Compensation Committee. The filing notes that performance criteria for the January 1, 2025 through December 31, 2025 period were achieved, enabling a 20% tranche to vest on March 23, 2026.