RSU vesting boosts HealthStream (HSTM) director Frank Gordon’s shareholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HealthStream director Frank Gordon reported routine equity compensation activity. On June 8, 2026, he acquired 3,148 shares of common stock through the vesting of restricted share units, a non-cash transaction recorded with code M for derivative exercise/conversion.
Following this vesting, Gordon directly holds 215,552 shares of HealthStream common stock. He also reports several indirect holdings, including shares held in a family trust, custodial accounts for minor children, and entities such as The Joel Company and Crofton Capital, reflecting ownership through related accounts rather than new market trades.
The footnotes explain that each restricted share unit represents the right to receive one share of common stock upon vesting and that these RSUs vest over a three year vesting schedule, contingent on continued service. The filing shows no open‑market purchases or sales, only the conversion of RSUs into common stock and updated indirect ownership positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,148 shares exercised/converted
Mixed
10 txns
Insider
GORDON FRANK
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 1,126 | $0.00 | -- |
| Exercise | Restricted Share Units | 1,006 | $0.00 | -- |
| Exercise | Restricted Share Units | 1,016 | $0.00 | -- |
| Exercise | Common Stock Holding | 3,148 | $0.00 | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
| holding | Common Stock Holding | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct, null);
Common Stock Holding — 215,552 shares (Direct, null);
Common Stock Holding — 100,418 shares (Indirect, Held by Crofton Capital)
Footnotes (1)
- Shares acquired on vesting of restricted share units. Each restricted share unit (RSU) represents the contingent right to receive one share of common stock upon vesting of the unit. The RSU's are subject to a three year vesting schedule, contingent upon continued service at the time of vesting. The RSU's vest annually beginning June 6, 2024 in three equal installments. Not applicable. The RSU's are subject to a three year vesting schedule, contingent upon continued service at the time of vesting. The RSU's vest annually beginning May 30, 2025 in three equal installments. The RSU's are subject to a three year vesting schedule, contingent upon continued service at the time of vesting. The RSU's vest annually beginning May 29, 2026 in three equal installments.
Key Figures
Shares acquired via RSU vesting: 3,148 shares
Direct common shares after transaction: 215,552 shares
RSU block 1 after transaction: 2,032 units
+5 more
8 metrics
Shares acquired via RSU vesting
3,148 shares
Common stock received from RSU vesting on June 8, 2026
Direct common shares after transaction
215,552 shares
Frank Gordon direct holdings following RSU conversion
RSU block 1 after transaction
2,032 units
Restricted share units remaining in one award after June 8, 2026
RSU block 2 after transaction
1,006 units
Restricted share units remaining in another award
RSU block 3 after transaction
0 units
One RSU grant fully converted into 1,126 common shares
Crofton Capital indirect holding
100,418 shares
HealthStream common stock held indirectly via Crofton Capital
The Joel Company indirect holding
11,386 shares
HealthStream common stock held indirectly via The Joel Company
Family trust indirect holding
2,000 shares
Frank E. Gordon 2003 Family Trust common stock holding
Key Terms
Restricted Share Units, three year vesting schedule, contingent right, custodial account for minor child, +1 more
5 terms
three year vesting schedule financial
"The RSU's are subject to a three year vesting schedule, contingent upon continued service."
contingent right financial
"Each restricted share unit represents the contingent right to receive one share of common stock."
custodial account for minor child financial
"Indirect holdings include a custodial account for minor child - Taylor K. Gordon."
derivative exercise/conversion financial
"Transaction code M is described as exercise or conversion of derivative security."
FAQ
What did HealthStream (HSTM) director Frank Gordon report in this Form 4?
Frank Gordon reported vesting of restricted share units converting into 3,148 HealthStream common shares. The filing updates his direct and indirect holdings and reflects routine equity compensation rather than open-market trading activity.
Were there any open-market buys or sells in this HealthStream (HSTM) Form 4?
No. The Form 4 shows no open-market purchases or sales. The main activity is the vesting and conversion of restricted share units into common stock, plus disclosure of indirect holdings in related accounts and entities.
How many RSUs vested for Frank Gordon in this HealthStream report?
The filing shows 3,148 common shares acquired from vesting RSUs. This includes underlying amounts of 1,016, 1,006, and 1,126 shares tied to separate RSU awards, each converting into common stock as part of scheduled vesting.
What indirect HealthStream holdings are disclosed for Frank Gordon?
Indirect holdings include shares held by the Frank E. Gordon 2003 Family Trust, custodial accounts for his minor children, and entities such as The Joel Company and Crofton Capital, each reported with its own post-transaction share balance.