STOCK TITAN

HealthStream approves $450K time-based share awards

Time-based units vest over four grant anniversaries; performance-based units depend on annual targets for 2027 through 2030.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

HealthStream, Inc. approved special grants of time-based and performance-based restricted share units for five named executive officers on September 18, 2026. Robert A. Frist, Jr., Michael M. Collier, Trisha L. Coady, and Kevin P. O’Hara each received grants of 15,395 time-based RSUs with a grant date fair value of $450,000 and 5,132 performance-based RSUs with a grant date fair value of $150,000. Scott A. Roberts received grants of 12,316 time-based RSUs valued at $360,000 and 4,105 performance-based RSUs valued at $120,000.

The time-based units vest in four equal annual installments of 25% on the first through fourth grant anniversaries. Performance-based units are eligible to vest in four equal 25% increments based on company achievement against annual targets to be established by the Compensation Committee for 2027, 2028, 2029, and 2030.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Time-based RSUs per officer 15,395 RSUs Each of Robert A. Frist, Jr., Michael M. Collier, Trisha L. Coady, and Kevin P. O’Hara
Time-based RSU grant date fair value per officer $450,000 Each of Robert A. Frist, Jr., Michael M. Collier, Trisha L. Coady, and Kevin P. O’Hara
Time-based RSUs 12,316 RSUs Scott A. Roberts
Time-based RSU grant date fair value $360,000 Scott A. Roberts
Performance-based RSUs per officer 5,132 RSUs Each of Robert A. Frist, Jr., Michael M. Collier, Trisha L. Coady, and Kevin P. O’Hara
Performance-based RSU grant date fair value per officer $150,000 Each of Robert A. Frist, Jr., Michael M. Collier, Trisha L. Coady, and Kevin P. O’Hara
Performance-based RSUs 4,105 RSUs Scott A. Roberts
Performance-based RSU grant date fair value $120,000 Scott A. Roberts
Time-Based RSUs financial
"time-based restricted share units (“Time-Based RSUs”)"
Performance-Based RSUs financial
"performance-based restricted share units (“Performance-Based RSUs”)"
Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.
grant date fair value financial
"with a grant date fair value of $450,000"
The grant date fair value is the estimated dollar worth of a stock-based award (such as stock options or restricted shares) at the exact moment it is given to an employee or contractor. Investors care because companies use that value to record compensation expenses and to show how much potential ownership and earnings dilution those awards could create—think of it as the price tag placed on a gift card when it is handed over so the company can report the cost now.
2022 Omnibus Incentive Plan financial
"pursuant to the Company’s shareholder-approved 2022 Omnibus Incentive Plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What RSU grants did HSTM approve for its named executives?

HealthStream approved grants of 15,395 time-based RSUs and 5,132 performance-based RSUs for each of Robert A. Frist, Jr., Michael M. Collier, Trisha L. Coady, and Kevin P. O’Hara. Scott A. Roberts received grants of 12,316 time-based RSUs and 4,105 performance-based RSUs.

How do HSTM’s time-based and performance-based RSUs vest?

Time-based RSUs vest in equal annual installments of 25% on the first, second, third, and fourth anniversaries of the grant date. Performance-based RSUs are eligible to vest in equal 25% increments based on company achievement against annual targets to be established by the Compensation Committee for 2027, 2028, 2029, and 2030.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
false 0001095565 0001095565 2026-09-18 2026-09-18


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 

 
FORM 8-K
 

 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): September 18, 2026
 

 
HealthStream, Inc.
(Exact name of Registrant as Specified in Its Charter)
 

 
Tennessee
000-27701
62-1443555
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
 
 
 
500 11th Avenue North, Suite 850,
Nashville, Tennessee
 
37203
(Address of Principal Executive Offices)
 
(Zip Code)
 
Registrant’s Telephone Number, Including Area Code: 615-301-3100
 
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
 

 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each Class
 
Trading Symbol(s)
 
Name of each exchange on which registered
Common Stock (Par Value $0.00)
 
HSTM
 
Nasdaq Global Select Market
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
 
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
 
Emerging growth company ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 

 
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers 
 
On September 18, 2026, the Compensation Committee (the “Committee”) of the Board of Directors of HealthStream, Inc. (the “Company”) approved special grants of time-based restricted share units (“Time-Based RSUs”) and performance-based restricted share units (“Performance-Based RSUs”) to the named executive officers of the Company pursuant to the Company’s shareholder-approved 2022 Omnibus Incentive Plan to incentivize future performance and retention, as described below.
 
The Committee approved the grant of (i) 15,395 Time-Based RSUs to each of Robert A. Frist, Jr., Michael M. Collier, Trisha L. Coady, and Kevin P. O’Hara (with a grant date fair value of $450,000 for each such named executive officer); and (ii) 12,316 Time-Based RSUs to Scott A. Roberts (with a grant date fair value of $360,000). These Time-Based RSUs will vest in equal annual installments of 25% on the first, second, third, and fourth anniversaries of the grant date.
 
The Committee also approved the grant of (i) 5,132 Performance-Based RSUs to each of Mr. Frist, Mr. Collier, Ms. Coady, and Mr. O’Hara (with a grant date fair value of $150,000 for each such named executive officer); and (ii) 4,105 Performance-Based RSUs to Mr. Roberts (with a grant date fair value of $120,000). These Performance-Based RSUs will be eligible for vesting in equal increments of 25% based on the Company’s level of achievement with respect to annual performance targets to be established by the Committee for 2027, 2028, 2029, and 2030, respectively.
 

 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
 
HealthStream, Inc.
 
 
 
 
Date: September 23, 2026
 
By:
/s/ Scott A. Roberts
 
 
 
Scott A. Roberts
 
 
 
Chief Financial Officer
 

Filing Exhibits & Attachments

4 documents

Keep reading