Weave Communications (WEAV) CFO granted 300,000 time-based RSUs in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Christiansen Jason Paul reported acquisition or exercise transactions in this Form 4 filing.
Weave Communications, Inc. reported that Chief Financial Officer Jason Paul Christiansen received a grant of 300,000 shares of Common Stock in the form of time-based restricted stock units. These RSUs vest as to 33% of the shares on March 1, 2027, with the remaining shares vesting in equal quarterly installments over the following two years, contingent on his continued employment. Following this equity award and related adjustments, Christiansen now directly holds 761,399 shares of Weave Communications Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Christiansen Jason Paul
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 300,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 761,399 shares (Direct)
Footnotes (1)
- Represents shares of Common Stock underlying a time-based restricted stock unit award ("RSU"). The RSU will vest as to 33% of the total number of shares on March 1, 2027, and the remainder in equal quarterly installments over the two years thereafter, until such time as the RSU is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Includes 2,500 shares acquired under the Issuer's employee stock purchase plan (the "ESPP") on February 25, 2026. The acquisition of these shares under the ESPP is exempt under Rule 16b-3(c). Includes a correction of an administrative error as a result of which we reported 4,006 shares withheld when it was acutally 4,585 shares withheld by the Issuer to satisfy tax obligations relating to the acquisition of shares of the Issuer's Common Stock in connection with the settlement of the vested portion of restricted stock units.
FAQ
What insider transaction did WEAV’s CFO report on this Form 4?
The Chief Financial Officer of Weave Communications (WEAV), Jason Paul Christiansen, reported receiving a grant of 300,000 restricted stock units of Common Stock. These units are compensation-related awards rather than open-market share purchases or sales.
How do the new WEAV RSUs granted to the CFO vest over time?
The 300,000 RSUs vest over roughly three years. 33% vest on March 1, 2027, and the remaining shares vest in equal quarterly installments over the next two years, subject to the CFO’s continued employment at each vesting date.
What administrative correction is disclosed in the WEAV CFO’s Form 4?
The Form 4 explains a correction to previously reported tax-withholding shares. It clarifies that 4,585 shares, rather than 4,006, were withheld by the issuer to satisfy tax obligations related to vested restricted stock unit settlements.