HealthStream (HSTM) EVP receives RSU shares and uses stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HealthStream Executive Vice President Michael Manning Collier reported several compensation-related equity transactions tied to restricted share units (RSUs). On March 30, 2026, RSUs vested and were converted into a total of 7,285 shares of common stock, consistent with the footnote stating shares were acquired on vesting of RSUs.
To cover tax obligations, 1,774 shares of common stock were withheld at a price of $21.25 per share, described as payment of tax liability by delivering securities. After these transactions, Collier directly holds 60,293 shares of HealthStream common stock. Footnotes explain that each RSU represents the right to receive one share upon vesting and outline multi-year vesting schedules, including time-based and performance-based awards contingent on continued service and achievement of specified performance criteria.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,285 shares exercised/converted
Mixed
7 txns
Insider
Collier Michael Manning
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 356 | $0.00 | -- |
| Exercise | Restricted Share Units | 560 | $0.00 | -- |
| Exercise | Restricted Share Units | 857 | $0.00 | -- |
| Exercise | Restricted Share Units | 2,067 | $0.00 | -- |
| Exercise | Restricted Share Units | 3,445 | $0.00 | -- |
| Exercise | Common Stock Holding | 7,285 | $0.00 | -- |
| Tax Withholding | Common Stock Holding | 1,774 | $21.25 | $38K |
Holdings After Transaction:
Restricted Share Units — 2,020 shares (Direct);
Common Stock Holding — 62,067 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
Shares acquired from RSU vesting: 7,285 shares
Shares withheld for taxes: 1,774 shares
Tax withholding price: $21.25 per share
+3 more
6 metrics
Shares acquired from RSU vesting
7,285 shares
Common stock received upon RSU vesting on March 30, 2026
Shares withheld for taxes
1,774 shares
Withheld at $21.25 per share to pay tax liability
Tax withholding price
$21.25 per share
Price used for F-code tax-withholding disposition
Direct holdings after transactions
60,293 shares
Common stock directly owned after March 30, 2026 transactions
RSU vesting allocation (example)
15% / 20% / 30% / 35%
Typical four-year time-based RSU vesting schedule
Performance-based vesting portion
20% vested March 23, 2026
Performance criteria for Jan 1, 2025–Dec 31, 2025 achieved
Key Terms
Restricted share units, RSU, tax-withholding disposition, vesting schedule, +1 more
5 terms
RSU financial
"Each restricted share unit (RSU) represents the contingent right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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."
FAQ
What did HealthStream (HSTM) Executive Vice President Michael Manning Collier report in this Form 4?
He reported RSU vesting that converted into 7,285 shares of common stock and a related tax withholding. These transactions reflect equity compensation vesting rather than open-market buying or selling, and they updated his direct ownership position in HealthStream.
What are the vesting schedules for Michael Manning Collier’s HealthStream (HSTM) RSU awards?
Footnotes describe four-year vesting schedules, typically 15% in the first year, 20% in the second, 30% in the third, and 35% in the fourth. Certain RSUs also require meeting annual performance criteria over periods running from January 1 through December 31.