[144] HealthStream Inc SEC Filing

Rhea-AI Filing Summary

Form 144 notice for HealthStream, Inc. (HSTM): an individual proposes to sell 2,000 shares of Common Stock08/27/2025.

The filing states the shares were acquired as an RSU award from the issuer on 01/08/2025, paid in full on that date, and the reported aggregate market value of the proposed sale is $56,000. The filer reports 29,641,207 shares outstanding and discloses no sales by the holder in the prior three months. The filer certifies no undisclosed material adverse information.

Insights

Securities Analyst

TL;DR: Small insider sale via broker of vested RSUs; negligible market impact but required compliance disclosure.

The notice documents a planned sale of 2,000 shares valued at $56,000 through J.P. Morgan Securities on 08/27/2025. The shares were issued as RSUs on 01/08/2025 and paid in full the same day. No prior sales in the past three months are reported. Given the reported outstanding shares (29,641,207), this transaction represents a very small fraction of the float and is unlikely to affect market pricing. The filing meets Rule 144 disclosure requirements and includes the required insider attestation about material information.

Corporate Governance Expert

TL;DR: Routine insider disposition under Rule 144; demonstrates regulatory compliance and transparency.

The document reflects a routine disposition of vested RSUs by a person whose relationship to the issuer is disclosed on the form. The use of an institutional broker and the attestation concerning material information align with standard governance and disclosure practices. No evidence in the filing indicates any governance or disclosure issues; the transaction appears procedural rather than a signal of material corporate change.

08/27/2025 - 04:53 PM

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 390 Madison Avenue - 6th Floor New York NY 10017	2000	56000	29641207	08/27/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	01/08/2025	RSU Award	Issuer			2000	01/08/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the HSTM Form 144 report say was sold?

The filing reports a proposed sale of 2,000 shares of Common Stock of HealthStream, valued at $56,000.

When and how were the shares acquired on the HSTM Form 144?

The shares were acquired as an RSU award from the issuer on 01/08/2025, with payment completed on that date.

Through which broker will the HSTM shares be sold?

The filing names J.P. Morgan Securities LLC (390 Madison Avenue, New York) as the broker for the sale.

What is the planned sale date reported in the HSTM Form 144?

The approximate date of sale is reported as 08/27/2025.

Did the filer report other sales of HSTM securities in the past three months?

The filing states Nothing to Report for securities sold during the past three months by the person for whose account the securities are to be sold.