Weave (WEAV) director Tyler Newton receives 32,502 RSUs award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Newton Tyler reported acquisition or exercise transactions in this Form 4 filing.
Weave Communications, Inc. director Tyler Newton reported an equity compensation award and updated holdings. He received 32,502 restricted stock units (RSUs), each representing one share of common stock upon vesting, at a price of $0.00 per unit.
The RSUs vest in full on the earlier of June 10, 2027 or the date of the first annual stockholders’ meeting following June 10, 2026. After this grant, Newton directly holds 124,677 shares of common stock and has additional indirect interests through the Tyler Newton Revocable Trust, the Mia Newton Revocable Trust, and CIQP Fund, subject to the pecuniary-interest limitations described in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Newton Tyler
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,502 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 124,677 shares (Direct, null);
Common Stock — 152,978 shares (Indirect, By Tyler Newton Revocable Trust)
Footnotes (1)
- Represents 32,502 restricted stock units (the "RSUs") granted to the Reporting Person as a director of the Issuer. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. The RSUs will vest in full on the earlier of (i) June 10, 2027 and (ii) the date of the first annual meeting of the Issuer's stockholders following June 10, 2026. Such grant is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in reliance on Rule 16b-3(d). The Reporting Person is the trustee of the Tyler Newton Revocable Trust (the "Tyler Trust"). The Tyler Trust is a living trust of which the Reporting Person, his wife and members of his immediate family are the beneficiaries. The Reporting Person disclaims beneficial ownership of the securities held by the Tyler Trust except to the extent of his pecuniary interest in such securities. The Reporting Person's wife is the trustee of the Mia Newton Revocable Trust (the "Mia Trust"). The Mia Trust is a living trust of which the Reporting Person, his wife and members of his immediate family are the beneficiaries. The Reporting Person disclaims beneficial ownership of the securities held by the Mia Trust except to the extent of his pecuniary interest in such securities. Held by the CIQP Fund. The Reporting Person is a direct and/or indirect investor in Catalyst Investors IV, L.P. (the "CIIV Fund") and Catalyst Investors QP IV, L.P. (the "CIQP Fund," and, together with the CIIV Fund, the "CI Funds"). Catalyst Investors Partners IV, L.P. (the "CIPIV GP") serves as the general partner of each of the CI Funds. Catalyst Investors Partners IV, L.L.C. (the "CI LLC GP", and together with the CIPIV GP, the CIIV Fund, and the CIQP Fund, the "CI Entities") is the general partner of CIPIV GP. The Reporting Person's interest in the Issuer's securities is limited to the extent of the Reporting Person's pecuniary interest in such securities, if any, and neither the filing of this statement nor any of its contents will be deemed to constitute an admission by any Reporting Person, the CI Entities, or any other person/entity that he or it was, or is, the beneficial owner of any of the Issuer's securities for purposes of Section 16 of the Exchange Act, or for any other purpose.
Key Figures
RSUs granted: 32,502 RSUs
RSU grant price: $0.00 per unit
RSU vesting date: June 10, 2027
+4 more
7 metrics
RSUs granted
32,502 RSUs
Equity award to director Tyler Newton
RSU grant price
$0.00 per unit
Compensation award, not an open-market purchase
RSU vesting date
June 10, 2027
Vests on earlier of this date or first annual meeting after June 10, 2026
Direct shares after grant
124,677 shares
Common stock directly held following RSU award
Tyler Trust indirect shares
152,978 shares
Held by Tyler Newton Revocable Trust, subject to pecuniary-interest limitation
Mia Trust indirect shares
50,992 shares
Held by Mia Newton Revocable Trust, subject to pecuniary-interest limitation
CIQP Fund indirect shares
74,097 shares
Held by CIQP Fund as referenced in the footnotes
Key Terms
restricted stock units, RSUs, Section 16(b), Rule 16b-3(d), +1 more
5 terms
restricted stock units financial
"Represents 32,502 restricted stock units (the "RSUs") granted to the Reporting Person as a director of the Issuer."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Section 16(b) regulatory
"Such grant is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in reliance on Rule 16b-3(d)."
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3(d) regulatory
"Such grant is exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in reliance on Rule 16b-3(d)."
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership of the securities held by the Tyler Trust except to the extent of his pecuniary interest in such securities."
FAQ
What did Tyler Newton report in this Form 4 for Weave Communications (WEAV)?
Tyler Newton reported receiving 32,502 restricted stock units (RSUs) as director compensation. Each RSU converts into one share of Weave Communications common stock upon vesting, updating his direct and indirect equity stake disclosed in the filing.
How many RSUs did Weave Communications (WEAV) grant to director Tyler Newton?
Weave Communications granted Tyler Newton 32,502 restricted stock units. These RSUs were issued at a price of $0.00 per unit as equity compensation and each unit represents the right to receive one share of common stock when it vests.
When do Tyler Newton’s 32,502 RSUs in Weave Communications (WEAV) vest?
The 32,502 RSUs vest in full on the earlier of June 10, 2027, or the date of the first annual meeting of Weave Communications stockholders following June 10, 2026, aligning the award with future governance and service milestones.
What indirect holdings in Weave Communications (WEAV) are associated with Tyler Newton?
Indirect interests include 152,978 shares held by the Tyler Newton Revocable Trust, 50,992 shares held by the Mia Newton Revocable Trust, and 74,097 shares held by CIQP Fund. Newton disclaims beneficial ownership beyond his pecuniary interest, as noted in the footnotes.
Are Tyler Newton’s Weave Communications (WEAV) RSUs exempt under Section 16 rules?
The RSU grant is described as exempt from Section 16(b) of the Exchange Act, relying on Rule 16b-3(d). This exemption applies to certain insider compensation awards approved according to specified regulatory conditions in the rule.