Weave Communications (WEAV) COO receives 300,000-share RSU compensation grant
Rhea-AI Filing Summary
Weave Communications, Inc. reported that Chief Operating Officer Marcus Bertilson received a grant of 300,000 shares of Common Stock in the form of time-based restricted stock units. The award is at no cash cost to him and represents compensation rather than an open‑market purchase.
The RSUs will 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, subject to his continued employment on each vesting date. After this grant, he directly holds 756,343 shares of Common Stock.
His reported holdings include 2,500 shares acquired under the company’s employee stock purchase plan on February 25, 2026, and reflect a small correction to a previously reported number of shares withheld to satisfy tax obligations on earlier RSU settlements.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 300,000 | $0.00 | -- |
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 19,849 shares withheld when it was acutally 21,004 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.